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…
Preparing for inevitable Bear Markets
Whether you live in Los Angeles, Pasadena, San Diego or Orange County; Some may think that Reverse Mortgages are only for mature homeowners that are struggling financially. This is no longer the case. Most Reverse Mortgages today are the Government insured HECM (Home Equity Conversion Mortgage) products. There have been…
