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Frequently Asked Questions
What is a Reverse Mortgage? Like a traditional mortgage, a reverse mortgage loan allows you to borrow money using your home as security. Unlike a traditional mortgage, you don’t make monthly mortgage payments. Instead, the loan is…
What the Heck is a HECM?
What is a HECM Reverse Mortgage? A HECM (Home Equity Conversion Mortgage) reverse mortgage is a loan that enables homeowners and homebuyers age 62* and older, to convert some of their home equity into cash, installment payments,…
Video Series: 7 Truths about Reverse Mortgages
Truth #1: It’s All Yours! Truth #2: You and Your Heirs Are Protected Truth #3: Mortgage Not Required Truth # 4: It’s Your Money Truth #5: Boost Cash Flow Truth #6: Buy…
Silvernest Homesharing
One of the greatest fears many people have is living alone. It would be wonderful if each of us had the perfect partner to spend our retirement with, but unfortunately finding the right man or woman can…
Six Smart Ways to Use Your Reverse Mortgage
Reverse mortgage proceeds can offer retirees a sense of control and ownership of their financial portfolio and retirement strategy. Because there are no restrictions on how a borrower uses the funds, there are many ways borrowers can…