HighTechLending, Inc. NMLS # 7147

Can a person lose their home today from a Reverse Mortgage?

The first known reverse mortgage loan was done in 1961 by Deering Savings & Loan in Portland Maine.  Nellie Young was the widow of the high school football coach and it helped her stay in her home even though she lost her husband’s income.  By the 1970’s several private banks…

Reverse Mortgages for those younger than 62

Many mature homeowners are now relieved that they no longer have to wait for a younger spouse to grow older before protecting their home and their situation with a Reverse Mortgage.   Whether you are looking to eliminate the stress of a mortgage payment, pay off credit cards and debt, make home improvements,…