For most retirees, a financial planner is a necessity for figuring out how to comfortably live on their savings after they quit working. But often, there are times when even financial planners need to turn to professionals like us for help to ensure their clients are able to live comfortably in their retirement. The most
2023 will be off to a great start for homebuyers with the news that the Federal Housing Association (FHA) is increasing the loan limit for certain mortgage loans. That means more buying power for you, and a better chance at being able to buy your dream home in the new year. But what exactly does
Even with decades of preparation, retirement can leave anyone feeling as if they are not ready. There are several tools, including reverse mortgages, that can help to mitigate the risks that come with retirement. Learning more about reverse mortgages, how they can prove beneficial, and what they can be used for, can help give you
It’s that time of year again! Time to help those in need enjoy a Happy Thanksgiving! For the 14th year in a row, America’s Mortgage Resource is teaming up with the Second Harvest Food Bank to provide meals for families this Thanksgiving. Please note – this year we are NOT accepting turkeys. Please make a
Many seniors in America have a justified fear of outliving their savings, and these anxieties have only grown more fierce as inflation has steadily increased in recent years. Between March and April of this year alone, the consumer price index increased 0.8%, but it was even more startling that it jumped over 4% from last
Home buyers have been through quite a wave the last few years. Record low mortgage rates. Record highs in home prices. Record lows in housing inventory. But now, we’re pleased to announce a new high, as we’re making it easier than ever for borrowers to purchase a home with little or no down payment. We’re
It doesn’t matter what word you use to describe today’s economy… the fact is, money has gotten tight for many seniors. Almost every client who calls in right now is feeling the pinch, whether it’s in the cost of groceries, gas, utilities or all the other things in our life which suddenly cost more. If
For years, reverse mortgages have not had the best reputation. It’s understandable, given that the early days of reverse mortgages left many believing that the only people who could benefit from them were seniors struggling with their finances. However, times have changed, and reverse mortgages are now a valuable tool. Reverse mortgages can be an
5 Homebuying & Mortgage Tips for Retirees
For retired seniors, the process of buying a new home can seem overwhelming, even if they’ve done it once or twice before. The priorities change in lenders’ eyes, and retirees may find themselves having more difficulty getting approved because their income isn’t high enough for them. They often face challenges when trying to buy a
Buying a “move-in ready” home these days is not as simple as it used to be. Sellers are fielding multiple offers on almost every listing and usually getting topdollar. Even if you sell your home for a great price, you still become a buyer on the next transaction. So how do you find a great
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