Microsoft has unveiled its own wish list for its OEM partners in 2017, highlighting the features the company wants companies like HP, Dell, and Asus to emphasize and the hardware designs it thinks are most likely to be attractive to customers. Some of the design emphases make sense — 2-in-1 …
Read More »Jumbo Reverse Mortgage and Proprietary Reverse Mortgage Loans
Jumbo reverse mortgages – also known as proprietary reverse mortgages – are loans designed and offered by financial institutions that enable owners of high-value homes to access greater amounts of their home equity than is available from the government insured HECM reverse mortgages. Unlike the standard HECM reverse mortgage, jumbo …
Read More »Are Reverse Mortgages a Colossal Mistake?
Reverse mortgages are loans — a type of home equity loan. You are borrowing your own home equity while retaining home ownership but unlike a traditional home equity loan, there are no monthly mortgage payments. The money you borrow and interest accumulated is repaid when you no longer reside in …
Read More »Reverse Smokey Eye- The Makeup Trend To Rock Now
Photo: jordanmurray_makeup on Instagram While most makeup addicts are familiar with the smokey eye at this point, the reverse smokey eye is the latest take on this popular beauty trend. Unlike the more classic version, this reverse makeup trend flips the smokey eye on its head and focuses on the waterline. …
Read More »What Is New for Reverse Mortgages in 2017
According to AAG, the first reverse mortgage was issued to a widow in Portland, Maine. The banker, Nelson Haynes of Deering Savings Loan designed the loan to help the wife of his beloved former high school football coach. The idea behind these loans has always been to help seniors in …
Read More »What You Need to Know About Reverse Mortgage Calculators
Reverse mortgage calculators can be useful tools as we figure out ways to fund retirement. Most of us do a lot of research before buying any kind of anything. We hold things up to a mirror, try things on, get free trials, research alternatives, comparison shop and more. Using a …
Read More »How Does a Reverse Mortgage Work?
If you are struggling to figure out how does a reverse mortgage work, you are not alone. One thing is clear, reverse mortgages are NOT clear. A recent NewRetirement poll indicated that 46% of respondents had the facts wrong about reverse mortgages. This article focuses on explaining the basics of …
Read More »The Complete Guide to Reverse Mortgage Interest Rates and Fees
Many people are concerned about the costs associated with a Reverse Mortgage, as well as the impact of current and future interest rates. However, if you want or need equity from your home, are not willing to relocate to a smaller home, don’t want to or are unable to face …
Read More »Reverse Mortgage Checklist: Big Questions to Ask if You Are Considering this Loan
Your house is your: Home. Heart. Hopes. Dreams. Legacy. Wealth. Future. So, the decision to get a reverse mortgage is not something to take lightly. They can sound almost too good to be true but getting a reverse mortgage is a huge financial decision. So, how do you know if …
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