by The Mark Klein Team | May 18, 2022 | Home Mortgage Tips
Investing in a home may be one of the most significant purchases you’ll make in your lifetime, but many people forget that there are a number of other costs associated with buying a home. If you’re considering a reverse mortgage and want to be clear on all...
by The Mark Klein Team | Mar 24, 2022 | Home Mortgage Tips
If you’re having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. When you apply for a reverse mortgage...
by The Mark Klein Team | Nov 3, 2021 | Home Mortgage Tips
If you’ve been in your home for a while and have considered other loan options, you may have heard the term reverse mortgage without being aware of how this product can benefit you. While this type of mortgage works for those who have a high amount of equity in...
by The Mark Klein Team | Oct 1, 2021 | Home Mortgage Tips
If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their...
by The Mark Klein Team | Jun 10, 2019 | Home Buyer Tips, Home Mortgage, Mortgage
The government’s rule tightening for reverse mortgages has opened a window for new proprietary reverse mortgages. While the HECM does meet the needs of most borrowers, in the past it has left out a significant portion of the higher net worth market —...