HighTechLending, Inc. NMLS # 7147

The Fastest growing Financial Planner accreditation ever

The American College of Financial services, which is the largest education provider for financial services, has been training financial planners to become more knowledgeable in their industry for over 88 years.  “Our heart and soul is the financial services industry, and servicing and educating professionals and advisors in the industry,” says…

Reducing housing costs in retirement

You love your home, you raised your kids there and have so many wonderful memories and close friends nearby.  But, you many find that your housing costs seem to rise every year.  Twenty years ago most retirees went into retirement with their homes completely paid off.  Today is quite a different…

Consider upgrading to a smaller home or apartment

When looking forward to retirement you may realize that you no longer need the large house your raised your children in.  It has been a home and a great investment.  Looking forward you may realize it would be better to have a single story home, that you no longer need…

Reverse Mortgage Financial Assessment brings changes April 27th 2015

With the Financial Assessment date almost upon us, HUD has issued clarification on how this will affect those that don’t complete their counseling before April 27th 2015.  In an effort to further protect those with reverse mortgages the financial assessment will use two methods to ensure that borrowers will be…

Have you planned sufficiently for retirement?

We all know the time for retirement will arrive someday and we may feel that day is so far off…until we realize that day is right around the corner.  With the demands of work, marriage, kids, the surprises of life and having fun, preparing for retirement can be put on the…

Breaking News: FHA offers new protections for Spouses that came off title when getting a Reverse Mortgage.

Many times there is a significant difference in what an older spouse and a younger spouse will qualify for on a reverse mortgage; the older a person is, the more money they qualify for on a Reverse Mortgage.  What do you do if the older spouse has enough to cover paying…

Reverse Mortgage: For multiple reasons, now is the best time. Really, Right Now.

There are several factors that determine how much a homeowner gets on the Reverse Mortgage Program; Borrower Age, Home Value, Interest Rate, and required reserves.  Most people are surprised to hear that interest rates have a larger impact on the money available than age does.  “The Mortgage Professor,” a.k.a Jack…

NOTICE: Early in 2015, Credit/Income challenged applicants may be required to set aside significant reserve funds for tax & insurance payments.

The Reverse Mortgage program is probably the safest loan a retiree can get, and it just became even more secure.   In an effort to make the HECM FHA Insured Reverse Mortgage product even safer for the long term, HUD will require all RM applicants to undergo a Financial Assessment to ascertain…

Two Thirds of retirees are set to miss IRA deadline and pay Huge Tax Penalties!

With the end of another year fast approaching it would be wise to take some time out of holiday preparations and make sure your financial house is in order.  New research by Fidelity shows that as much as Two-Thirds of retired IRA owners are about to be assessed huge fees for…

Partnering with Trusted Specialists adds value to your brand and your clients

Adam Smith argued in the Wealth of Nations, that the division of labor can dramatically increase productivity and profitability.  Today we refer to this as specialization, or dividing a job into separate tasks, each one being performed by a specialist.  The idea being that each specialist can become an expert in…