HighTechLending, Inc. NMLS # 7147

Spending more time at home? Fix it up just how you have dreamed of with our digital contact Reverse Mortgage.

We have all spent more time at home than we ever imagined in the last 9 months.  Your world has changed immensely over the Coronavirus pandemic, yet your home has stayed the same.  A realtor client of mine called me the other day to tell me they decided to finally…

How much money is left to your kids after a Reverse Mortgage?

Have you ever thought about a reverse mortgage but worried you wouldn’t leave an inheritance for your kids if you got one?  If you tell one of your friends you are thinking about getting a reverse mortgage, you might hear, “Don’t do that, they will take your home.”   Even trusted…

CA home prices drop for 1st time in 7 years

Corelogic, the Real Estate Data firm, released a report dated April 26th showing that year over year home prices in California dropped for the first time in 83 months.  This home price drop equates to only about $500 or 0.1% in March from last year to this year.  According to…

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…

Low housing inventories creating more cash to take out on reverse mortgages

“Joanne” was at a point in her life when her income was not keeping up with her bills and she realized that she needed to make a change in order to cover her high medical costs.  A friend of hers had done a reverse mortgage with me and had nice…

Strategies that may increase your appraised value

The amount you can access on a reverse mortgage is directly related to your appraisal.  The higher the appraised value, the more money you qualify for on this FHA program.  Here are some suggestions that can pay big dividends to your appraised value and your pocketbook: Provide the appraiser a…