Author Archives: Richard Harter
The American Dream…Owning your own home. For the majority of us, that means a mortgage.
Most home mortgages are set up for 30 years duration, with that in mind, most people think they will have moved on before 30 years is up, and the idea of paying the house off is not even considered. Continue reading
This is the final in a 3 part series of articles addressing Reverse Mortgages, sometimes call Equity Conversions or Equity Release.
In this article we will address an alternative solution to Reverse Mortgages or a New Way of thinking…HELOC Mortgage or Home Equity Line of Credit.
Fortunately, for the majority of families with good fiscal responsibility, there is another methodology that can be used to accomplish the same thing at zero (0) costs Continue reading
In our last post we talked about some of the positive aspects of an Equity Release Loan, also called a Reverse Mortgage or a Home Equity Conversion Mortgage.
So you can make a better decision, in this article we’ll talk about some of the negative features of an Home Equity Conversion Mortgage (HECM). Continue reading