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Buy a Home with a Reverse Mortgage
Buy a Home with a Reverse Mortgage Reverse mortgage loans have always been a great way to turn the equity in your home into tax free cash, without having to make monthly payments. Changes by […]
reverse mortgage
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Do I need a trust?––The Ashmore Law Firm
Trusts can be created to take affect only upon death, or they can be created and take effect while you are living. A Trust is a nonprobate asset and disposes of those specific assets placed in the Trust. […]
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Reverse Mortgages Help You Enjoy a Better Lifestyle
Reverse mortgages are an excellent financial tool to enhance your senior lifestyle by maximizing one of your greatest resources to remain as independent as possible. With this low interest loan, you can use the tax free money that you have in the equity of your home to reduce bills, pay for medical expenses, take a nice vacation or just enjoy life. […]
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Gulf Coast Bank explains reverse mortgage benefits – LIVING WELL Magazine
Gulf Coast Bank Explains Reverse Mortgage Benefits
Courtesy Gulf Coast Bank, New Orleans LIVING WELL Magazine
In 2011, as the first group of baby boomers reached age 65, the older population increased. According to AARP, 90% of the people ages 65 and older want to stay in their home. With the aging of our population, reverse mortgages are popular as they can be utilized to supplement retirement income. […]
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Pinnacle Mortgage on Common Myths about Reverse Mortgages – LIVING WELL Magazine
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. […]
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LPL Financial on viewing your home as part of your retirement portfolio – LIVING WELL Magazine
Viewing Your Home as Part of Your Retirement Portfolio
Courtesy LPL Financial, Akron LIVING WELL Magazine
Reverse Mortgage: Do Your Homework before Committing
Tapping home equity doesn’t necessarily require relocating. A reverse mortgage may be a solution if you have significant home equity and a desire to stay in your existing home. With a reverse mortgage, you receive a source of income by borrowing against your home’s equity. Payouts are tax free and may be taken as a lump sum, a line of credit, or an annuity-like payment schedule.
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Articles
Pinnacle Mortgage talks reverse mortgages – LIVING WELL Magazine
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. […]