Tag: Reverse Mortgage
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How Reverse Mortgage Leads Can Impact Growth of a Lending Business
0 Likes Thank You! Demographic segmentation is probably the most evident benefit of reverse mortgage leads for a reverse mortgage lender. Reverse mortgage leads providers always use age (62 years or older) as a filter to identify
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Understanding How Reverse Mortgage Works
0 Likes Thank You! In a brief released by the Center for Retirement Research at Boston College, reverse mortgage was named as one of the “retirement levers” that could be as powerful as asset allocation in attaining retirement security.
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No Such Thing as a Free Lunch: Disadvantages of Reverse Mortgage
0 Likes Thank You! Maybe you heard this 100 times, and I’m saying the adage again: there is no such thing as a free lunch! This is true when it comes to reverse mortgage. The reality is,
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A Closer Look at Reverse Mortgage Line of Credit
0 Likes Thank You! In two studies published this year, the Journal of Financial Planning highlighted the use of Home Equity Conversion Mortgage (HECM) popularly known as reverse mortgage line of credit to supplement retirement income. In
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HECM overhaul continues, curbing eviction follows
0 Likes Thank You! The Federal Housing Authority (FHA) will address the non-borrowing spouse dilemma in Home Equity Conversion Mortgage (HECM) following the suspension of fixed rate mortgage (FRM) for HECM Standard on April 1, 2013. According