Category: Blog

VA Funding Fees Reduced

When it comes to securing a home loan, military service members and veterans can benefit from the VA loan program. Established in 1944 by the U.S. Department of Veterans Affairs, this program offers affordable mortgage options to eligible individuals. One essential component of a VA loan is the VA funding ...
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How to Use an Immediate Annuity to Qualify for a Mortgage

Purchasing a home is a significant milestone in life, and securing a mortgage is often the primary method for financing this dream. For individuals with alternative income sources, such as an immediate annuity, it can be challenging to meet the lending criteria set forth by mortgage providers. In this blog ...
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Can a Reverse Mortgage be used to pay for long term care?

Yes, a reverse mortgage can be used to help pay for long-term care. An FHA HECM reverse mortgage allows homeowners aged 62 or older (aged 55 and older for our proprietary reverse mortgage) to convert a portion of their home’s equity into cash, which can be used for any purpose, ...
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How can a Reverse Mortgage benefit you in a bear market?

A reverse mortgage can provide some benefits during a bear market, particularly for retirees or those with limited income sources. Here are a few ways a reverse mortgage might be helpful during a bear market: Supplement income: In a bear market, investment portfolios may suffer losses, leading to reduced income ...
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