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,
The holidays are supposed to be a happy, joyous time of the year. I hope that’s the case for your family and wish you all the best this holiday season! Got money stress this holiday season? If the holiday season has you stressing about money, I may be able to help. Because you’re a client
I love the holiday season! It’s a time for celebration.🎄 A time for giving.🎁 It’s also a time of year to look back and think about what you need to do differently next year. Did you hit your business goals? Where did you struggle? Where did you excel? I want to hear how you did!👏
Thinking about taking out a reverse mortgage? A reverse mortgage is a powerful financial tool offering several important benefits for homeowners. However, they are not the right fit for everyone. In order to make an informed decision, you’ll need a better understanding of the pros and cons involved. What Is a Reverse Mortgage? First, let’s
Why do some Realtors roll their eyes when the subject of 203k loans come up? They’re as close to magic as you can get in the real estate world. Especially here in New Orleans where it feels like half our housing inventory needs work. We think that most Realtors don’t really have a good understanding
If you want to make a big impact on your finances in 2019, you won’t find a more powerful tool than refinancing your home mortgage loan before the holidays. Rates are still hovering in the upper 4s or low 5s on a fixed rate loan with good credit even though the “all time low” media
Everybody knows reverse mortgages are like refinances, right? Someone has owned their home for years and built up equity, and a reverse mortgage allows them to access that equity while still keeping their home. BUT… Not many people know that you CAN use a reverse mortgage to BUY a house! How Reverse Mortgage Purchase Loans
Changes to guidelines for jumbo loans ought to get your attention if you’re a real estate professional in metro New Orleans. But unlike most of the news over the last 10+ years in lending, these jumbo changes represent GOOD news for borrowers & real estate professionals. Most people think you need a 740 score &
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