HighTechLending, Inc. NMLS # 7147

Gathering for the holidays is a great time to help loved ones

Thanksgiving, Christmas, and Hanukah are wonderful times to reconnect with family and friends that we hold so dear to us.  Life gets so busy that it is easy to lose touch with those we care for the most.   Teaching our kids to serve their grandparents or friends that we visit…

Breaking: Reverse Mortgage to pay even more on high value homes

The Federally insured Reverse Mortgage (RM) or the Home Equity Conversion Mortgage (HECM) has always had a cap set on the value they will accept on appraisals.   For 2019 this cap has been set to $726,525.  If you apply for a RM and your home was to appraise for $800,000,…

Aging Gracefully; Our Guide to Senior Health and Wellness

Aging Gracefully: Our Guide To Senior Health And Wellness Guest Blogger – Daniel James We all understand the importance of a healthy lifestyle, and the need for one doesn’t change as we grow older. If anything, it’s more vital than ever to maintain a healthy lifestyle as a senior. With…

Alzheimer’s vaccines having positive results in human trials

Over 5.6 million people over 65 years old are living with Alzheimer’s disease in the United States.  This disease affects far more than the many millions living with it; spouses, children, and grandchildren can be lost from memory and treated as complete strangers.  The costs of caring for a loved…

Breaking: FHA eases condo rules for Reverse Mortgages

In the past condo owners were lucky if they were one of the few condo complexes that were FHA approved; only 6 ½ % of condos are actually FHA approved (housingwire.com).   I worked with an applicant in San Diego and we tried for 6 months to get her condo to…

Seniors Find Important Perks by Aging in Community

When it comes to aging in place, today’s seniors are brainstorming some brilliant solutions. “Aging in community” is an innovative variation, broadening seniors’ options and helping them to not only avoid nursing homes, but also avoid senior isolation. Read on for important information about seniors who are resolving the dilemma…

Reverse Mortgages have changed significantly over time

Most retirees understand a Reverse Mortgage (RM) can be used to access a percentage of the equity in their home, but don’t know how versatile a tool it can be.  Here are some potential uses:  A source of tax-free money (consult a tax advisor).  Protection against future drops in housing. …

You may qualify for higher Social Security (SS) payouts and not know it; facts about SS spousal benefits.

Staying at home and raising your children is a great investment in your family and our nation’s future.  There is no more important work than molding, encouraging, and loving our young ones.  Of course this dedication means one spouse may not have earned as much or any money towards Social…

Solutions for today’s biggest retirement challenges

By: Chris Clow The difficulty that the senior population has in finding an adequate amount of money to fund retirement is an issue that is only growing in scale, and the reverse mortgage industry needs to keep the unique hardships faced by seniors fully in mind when advising them on…