HighTechLending, Inc. NMLS # 7147

Condo not FHA approved? You can get a reverse mortgage now.

Condos can be a nice fit for many retirees; there is no yard to maintain, and there is usually a community pool or recreation center, sometimes the condo even sits on a golf course.  Life in a condo can be relaxing and maintenance free.  Often times those in condos think…

Get Your Hot Chocolate Fix and Smash Chronic Inflammation at the Same Time

Tis the season for crackling fires, snowball fights, and warm and delicious hot chocolate. But, how do you make yours? Do you rip open a package and pour hot water over something that claims to be hot chocolate? Do you splurge at your favorite coffee shop for a “special” hot…

Proven solutions to stop growing credit card debt

Americans love affair with revolving debt has resumed since the great recession; the Federal Reserve reported that most of this debt acquired has been from credit cards (CC), which hit the 1.027 Trillion mark in March of 2018.   According to Experian credit, the average American now carries a total CC…

Aging in Place? Prepare your home and finances ahead of time

Aging in Place (AIP) is a new name for a traditional concept.  Instead of retiring to a new home, or going to a care facility as you get older, thousands of seniors prefer to prepare their own home to be better suited for them to live comfortably, in a familiar…

How to end spam phone calls for good

You are sitting down to dinner, in the middle of  a project, or have just finished your work and are relaxing for the day when you start getting the phone calls.  Often, a long pause followed by a voice that you can’t quite tell if it is human or a…

California home sales fall; now may be the time to apply for a Reverse Mortgage

California has enjoyed a housing boom over the last 9 years, but according to Corelogic– the premier CA-based financial and property analytics firm, the number of homes sold has fizzled over the past year.   Sales of new homes, existing homes, and condominiums have dropped by 11.8% from June 2017 to…

Retiring out of state?  We are licensed for reverse mortgages in 17 states

Between 2007 and 2016 16 million residents moved out of California; many of whom were seniors retiring to different states.  The HECM for purchase program allows seniors to take the equity from their current home sale and purchase a new home with a large down payment.  They move in and…

Options that will increase your social security check

American retirees today are less prepared than previous generations. Many retirees believe that you need over $1 Million dollars saved to properly retire.   Yet, according to a BankRate survey in 2017 those aged 56 to 61 only have $163,577 set aside for their golden years. This indicates a huge dependence…

HECM Reverse Mortgage fees have dropped

The Home Equity Conversion Mortgage (HECM Reverse Mortgage) program was signed into law by President Reagan in February 1988.  Prior to this date, this was a bank run program and they had the power to foreclose on homeowners if they ran out of equity.  Unfortunately, some seniors ended up homeless…