Don’t be Scared: Reverse Mortgages Bring Great Value
By Carl Benefield, Northshore LIVING WELL Magazine
Underwriting. Oh, boy! Does that mean I have to give up my first born? If you have refinanced or purchased a piece of residential property in the last five years and obtained a conventional mortgage, you know what I’m talking about. The credit market has tightened up so much that every loan is full documentation. […]
Common Myths about Reverse Mortgages
By Carl Benefield, Northshore & New Orleans LIVING WELL Magazines
A reverse mortgage enables homeowners 62 and older to convert part of the equity in their homes into cash without having to sell the home, give up title, or take on a new monthly mortgage payment. The homeowner continues to pay insurance and taxes, live in and maintain the home. […]
Get the Facts to Determine if A Reverse Mortgage is Right for You
By Carl Benefield, Pinnacle Mortgage, New Orleans LIVING WELL Magazine
Have you considered doing a reverse mortgage? Or, are you among the many seniors that have seen them advertised on television, but don’t know enough about them to make a decision. […]
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