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Reverse Mortgage Articles

Many homeowners want to remain homeowners, but not in their current house

With 10,000 baby boomers turning 62 years of age every day, the option of a Home Equity Conversion Mortgage (HECM) can help increase their purchasing power and flexibility when right-sizing to an all-on-one-floor maintenance-free home that offers a more carefree lifestyle while lowering their cost of living during retirement. “The HECM for Purchase is a […]

ReverseVision Launches New Reverse Online University

ReverseVision, Inc. has announced the launch of RV University (RVU), an online education platform created to teach mortgage professionals about the reverse mortgage industry. Many of RVU’s courses will offer continuing education credits from the Nationwide Mortgage Licensing System (NMLS) and the National Reverse Mortgage Lenders Association (NRMLA) for its coveted Certified Reverse Mortgage Professional (CRMP) […]

What Are You Really Afraid Of?

Actress Shirley Jones made  plans to skydive on her 80th birthday. Just thinking about such an activity terrifies most people. Yet the former Partridge Family mom says jumping out of an airplane at 4000 feet wasn’t what frightened her. Turning 80 did. “The number scares me to death,” she said. Fear of aging is no different, […]

The Rule of 95

The Industry Leader Update by Reverse Focus FHA recently announced their solution to the displacement of younger non-borrowing spouses which beginning August 4th will allow the inclusion of spouses under the age of 62. While certainly good news for future borrowers 62 and older with younger spouses the nagging issue remains for spouses currently not […]

When getting a reverse mortgage makes sense

New rules could make reverse mortgages safer. Should you shore up your retirement with one? The reverse mortgage has long been viewed as a last resort for older Americans with home equity but little cash. Now it’s poised to become a mainstream financial strategy — at least that’s what regulators and financial services firms are […]

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