Month: July 2016

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Buy a Home with Your HECM

There are plenty of ways you can use the proceeds from a home equity conversion mortgage, or HECM. Typically, it’s a financial product mostly reserved for financial emergencies. Need to install a new roof, hire long-term care, or pay for medical bills? You can use a...

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Myths about Reverse Mortgages

It’s important to know the myths associated with this loan. With the information below, you’ll be able to tell fact from fiction when making a decision. Myth #1: This mortgage works for everyone Fact: This financial tool isn’t suitable for just about anyone....

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