Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? This cohort accounted for 1,950,000 properties — equating to 39% of total homes ...

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/Riskspan Reverse Mortgage Market Index. These homeowners ...

Home prices have skyrocketed around Denver, and no experience will give you a clearer picture of that than trying to purchase a ranch plan for retirement. “It’s almost impossible to keep up with the ...

Over the years, celebrities such as Robert Wagner, Alex Trebek and Fred Thompson have touted reverse mortgages as a way to supplement a senior's fixed income by tapping equity that has accrued in ...

One option in the broader category of using reverse mortgages for debt coordination for housing is the HECM for Purchase program, which was started in 2009 as a way to use a reverse mortgage to ...

Over the years, celebrities such as Robert Wagner, Alex Trebek and Fred Thompson have touted reverse mortgages as a way to supplement a senior's fixed income by tapping equity that has accrued in ...

Reverse mortgages are typically seen as a way for seniors to remain in their homes while drawing income from their property. But a reverse mortgage can also be used to buy a home. Here’s how it works: ...

Right here in Edmond and all across the nation, seniors are downsizing to smaller homes making the purchase with a mortgage that requires no monthly payment for the remainder of their lives. It’s ...

While I have written about reverse mortgages in the past, I thought I would touch on the subject again as it seems to be a popular topic recently. It has often been said getting a mortgage is the most ...

“HECM for Purchase is a great program, especially with all of the inbound folks moving to Florida. With a reverse purchase, you can put down far less than you would by paying cash, and never have to ...