A lot has changed in 50 years. In 1969 a gallon of gas cost $0.32. The average price of a new home was $40,000. And our own Bruce Coffman was just starting his career in the mortgage business! March 2019 marks 50 years for Bruce in the industry and we couldn’t be happier to have
There’s a misperception brewing here in America. A big one. The traditional idea of retirement is changing. Fast. Most people think Americans have it all planned out… work until your early 60s. Retire. Sell the big house and move into a smaller home or even a condo. Something with less maintenance. Not so fast. New
It happened AGAIN this month. My phone rang – it was a buyer in meltdown mode. Let’s call them the Smiths. They were totally freaking out. The Smiths were pre-approved with one of the big national lenders from out of town (you’d recognize the name). But that was weeks ago. The Smiths had just days
Carnival season is right around the corner folks! Parade season has already begun, and people have gone ALL OUT decorating their front porches to the nines. You can smell King Cake in the air pretty much everywhere you go and the energy in the city is ramping up for Fat Tuesday. It’s intoxicating! This year,
This January, our very own Alison Calamia joined an elite group of mortgage professionals who have achieved the highest designation of being a Certified Reverse Mortgage Specialist (CRMP) from the National Reverse Mortgage Lenders Association (NRMLS), making her 1 of only 151 CRMPs in entire the nation! That puts her in the top 1% of
Our team is always looking for new and better ways to serve our clients and our community. That’s why we’re so excited to announce the opening of our new Uptown location, at 7921 Maple St, New Orleans, LA 70118! Serving Uptown Clientele We’re thrilled to be a part of the historic East Carrollton area. Our
We’re just a few days into 2019 and already things are changing in the real estate industry. FNMA (conventional), FHA & VA all announced new loan limits which went into effect January 1st. Impact on NOLA Real Estate These changes will have a HUGE impact on the NOLA real estate market, especially in the area
January is a good time of year to revisit the topic of financial planning with your clients since most people usually feel some level of spending “hangover” from Christmas. When looking at the financial planning tools available to your clients age 60 and older, a reverse mortgage might be something to consider in a few
By this point in January, everyone is back to “work mode” & trying to keep up with New Year’s resolutions😂. Your credit card bills from Christmas are also lurking… just waiting to be paid. In case you haven’t heard yet, there’s a lot of talk about rising interest rates. It’s all over the news and
Reverse mortgages are a great way for seniors to obtain extra money during their retirement years without moving out or giving up their lifestyle. By using the equity in an existing home, seniors can obtain cash to pay for trips, remodel their home, or cover the cost of increased medical care. With that being said,
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