More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...
If you're at or near retirement and looking for a new mortgage, it might call for more preparation than any previous home purchases. While many in their 60s and 70s are still working full time and ...
A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into ...
As part of ongoing product evolution, Longbridge has introduced several enhancements to its Platinum Line of Credit to help borrowers maximize flexibilityand access. These include an increase in the ...
These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...
Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...
Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.
As policymakers seek ways to unfreeze the housing market, one idea under review is the portable mortgage, which would let ...
Foreclosures surged in October, according to new data released as President Donald Trump proposes 50-year mortgages to solve ...
Experts in the mortgage industry are skeptical. Buyers would pay less each month, but would end up paying more over time.
I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...
Despite the 'entitlement' moniker, Social Security and Medicare are both benefits that workers earn. And reverse mortgages can be a strategic tool for certain people. Plus, we're setting the record ...