Some suggestions on how a reverse mortgage can help you financially during retirement.
Our very own Kathy Muni, Senior Vice President of Lending Operations was interviewed recently by Chris Clow for Reverse Mortgage Daily (September 18, 2019) as an expert for the increasingly popular HECM for Purchase program, especially as it grows in Colorado. HECM for Purchase means that you can sell your house, “right-size” to a home […]
According to a study recently released by Fannie Mae, more baby boomer retirees have mortgage debt than those retirees who were born between 1931 and 1935. “Paying off the mortgage, once a widespread rite of passage for homeowners approaching retirement has become less common in recent years,” wrote Patrick Simmons, director of strategic planning for […]
Integrating Housing Wealth into a Successful Retirement Plan By: Bob Muni, Reverse Mortgage Specialist What would you think of a financial product that offered: GUARANTEED GROWTH: tax-free funds guaranteed to grow at about 5% a year compounding annually that does not affect SSI, Medicare, Medicaid, etc.; unaffected by Stock, Bond, Real Estate or any market […]