Reverse Mortgage Loans Florida News and Information
We discuss the latest news and commentary about reverse mortgage loans from Florida.
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- Reverse mortgage numbers for 2007 are in by the FHA
The FHA released their numbers for HECM reverse mortgage loans. As expected there was a significant increase in the number of HECM cases issued from the prior year.
Fri, 18 Jan 2008 15:00:00 GMT - Reverse mortgages are a great option as a source of extra income
For those seniors who are house rich, but cash poor, they could always sell their home and downsize to a smaller home. But most seniors are already settled and don’t want the hassle of looking for another home.
Wed, 16 Jan 2008 15:00:00 GMT - Prepare now for the potential collapse of the economy
If all this activity in the mortgage space so early in the New Year hasn’t woken you up to what appears to be the beginning of a major collapse in the economy then what signs are you waiting for?
Tue, 15 Jan 2008 15:00:00 GMT - Reverse mortgages can be very versatile
There are many ways in which seniors can utilize the equity in their home, some are wise, and others are not.
Mon, 14 Jan 2008 15:00:00 GMT - Seniors everywhere are looking into reverse mortgages
As the mortgage industry refuses to show any signs of improvement, seniors everywhere are looking into reverse mortgages.
Fri, 11 Jan 2008 15:00:00 GMT - Negotiate your reverse mortgage with a few lenders
When you decide to go shopping for a reverse mortgage there are two big ticket items that you can negotiate with the lender in an attempt to reduce the cost of the loan.
Thu, 10 Jan 2008 15:00:00 GMT - Extra income is only a reverse mortgage away
At 65 and older, it is hard to make any extra income. One way is to apply for a reverse mortgage loan. The loan will provide income based on the equity of your home and a few other factors.
Wed, 09 Jan 2008 15:00:00 GMT - Reverse Mortgage Estimates
FHA uses the following criteria to determine the amount of a reverse mortgage loan: the property value, the age of the youngest individual on the deed (provided that the senior is over 62), and the current interest-rate.
Tue, 08 Jan 2008 15:00:00 GMT - Can a reverse mortgage keep the elderly out of a nursing home
The solution may be for the children to talk to their parents about a reverse mortgage. Although older people usually want to protect what they’ve worked long and hard for to their heirs, at the same time, all that equity is just sitting there doing nothing.
Mon, 07 Jan 2008 15:00:00 GMT - Reverse mortgage loans can save the day
It is interesting how a reverse mortgage loan can help different situations, but it is still important to be educated on all the properties of a reverse mortgage loan.
Fri, 04 Jan 2008 17:00:00 GMT - Florida Senator questions the FHA about reverse mortgages
Senator Mel Martinez from Florida asked if there were any projections as to how many reverse mortgages the FHA would insure if the cap that limits the total allowable number was raised.
Thu, 03 Jan 2008 16:00:00 GMT - Reverse mortgage might be a better option than selling
Although many real estate professionals are expecting the real estate market to improve by the middle of this year, for some homeowners, that may be to late. If you are over the age of 62 and own your home, a reverse mortgage might be a better option than selling.
Wed, 02 Jan 2008 16:30:00 GMT - Florida loses thousands of mortgage-related jobs in 2007 but reverse mortgages may help
Reverse mortgages may help save some jobs as seniors and lenders are turning to reverse mortgages to help stop foreclosures.
Fri, 28 Dec 2007 17:45:00 GMT - The myths of Reverse Mortgages
There are many myths about reverse mortgage loans that instill fear in some senior adults and their heirs, and prevent them from thoroughly investigating the details.
Thu, 27 Dec 2007 18:00:00 GMT
