by Grant Ryan | Mar 25, 2022 | Uncategorized
1-Minute Video: Video Transcript: One of the most frequently asked questions about reverse mortgages is, “How does it differ from a traditional mortgage?” With a traditional mortgage, you make your payments each month, slowly chipping away at the loan balance a little...
by Grant Ryan | Mar 17, 2022 | Uncategorized
1-Minute Video: Video Transcript: There’s a lot of misinformation out there about reverse mortgages, so let’s separate the fact from the fiction. To qualify for a reverse mortgage, you don’t have to own your home and you don’t have to surrender the title… you retain...
by Grant Ryan | Mar 12, 2022 | Uncategorized
1-Minute Video: Video Transcript: Under what circumstances would a reverse mortgage become due for payoff? One is when the last borrower moves out for more than a year, passes away or the home is no longer their primary residence. Another scenario would be if the...
by Grant Ryan | Mar 4, 2022 | Uncategorized
1-Minute Video: Video Transcript: With a traditional IRA, you may qualify for a tax deduction when you invest your money. But later, when you take the money out in retirement, all those distributions are taxed. The Roth IRA is the opposite. It has no deduction when...
by Grant Ryan | Feb 24, 2022 | Uncategorized
1-Minute Video: Video Transcript: What are the eligibility requirements for a reverse mortgage? For an FHA Reverse Mortgage, the youngest borrower must be at least 62 or at least 55 for a “Jumbo” non-FHA reverse mortgage. They must have 50-60% in home equity –...
