Nonetheless, his volume has grown, he says. “We have to work a little harder, but because of the market, business has been really good.” The volatile market has prompted more people to look at home equity, but they have had trouble accessing home equity lines as banks...
It’s no secret that countless Americans rely on Social Security to stay afloat financially in retirement. But an alarming number of workers are placing way too much emphasis on those benefits and aren’t saving on their own. And that’s a major...
During the week of April 24th, NRMLA will host a series of online education sessions to teach Realtors, healthcare workers, financial advisors and other professionals how reverse mortgages work and how they can help meet their clients’ financial needs. Help...
Rising interest rates could make reverse-mortgage lines of credit more appealing to younger retirees. A reverse mortgage is a type of loan taken against equity in a home, available to borrowers who are at least 62. It requires no monthly payments, with interest...
Here is a great article from InvestmentNews on how Financial Planners and Certified Reverse Mortgage Professionals can work together. How recent changes in the Employee Retirement Security Act (ERISA) can help clients create more funding streams in Retirement years....
