Toggle Navigation
203k - Buy/Rehab
203k Loan Scenario
203k Loan Free Guide
203k Streamline Video
203k Class Flyer
Home
About Me
Privacy Policy
Contact Me
Tips & Tools
Calculators
Mortgage Saving Tips
Free Reports Menu
Loan Process No-No's
Fixed Vs. Adjustable
Home Loan Tips
When to Refinance
Eliminating PMI
Free Home Valuator
Links and Services
Mortgage Broker vs. Mortgage Banker
Loan Process
Getting Qualified
Your Down Payment
Debt-to-Income Ratios
What is a credit score?
Your FICO score
Rate Lock Periods
Closing Costs
Loan App Checklist
Apply Now
Loan Types
Preapproval Help
FHA and VA loans
Conforming Loan
203K
No Cost California Refi
No PMI Loan
Refinancing Options
MLS Home Search
Reverse Mortgages
Reverse Mortgage Refi Calculator
Reverse Mortgage News
HECM Reverse Mortgage Purchase Slideshow
HECM Line of Credit Growth Rate Explained
Reverse Mortgage Purchase
How To Qualify For A Reverse Mortgage
25 FAQ's For Reverse Purchase Mortgages
California Reverse Mortgage News
Baby Boomers And Their Retirement Mortgage Payment Woes, Can Reverse Mortgages Help Them?
September 10th, 2015 2:24 PM by Kevin Walton
An recently written article stated Baby Boomers are carrying their mortgage payments into their retirement years more than any other generation.
If their retirement portfolios take a hit, that can have a negative effect on the ability to make monthly mortgage payments.
If the senior citizen borrower is of a certain age and has ample equity in the property, a HECM Reverse Mortgage can eliminate the existing monthly payment altogether.
To read more on this article,
please click here.
To visit my Reverse Mortgage website and watch free videos that highlight reverse mortgage uses as well as the 20 most frequently asked questions on reverse mortgages,
click here.
Best,
Kevin Walton
Certified Mortgage Advisor
Cell: 800-506-0632 ext. 0
Posted in:
Baby Boomers
and tagged:
Baby Boomers and Reverse Mortgages
Posted by Kevin Walton on September 10th, 2015 2:24 PM
Post a Comment
Subscribe to this blog
Recent Posts:
A Gray Divorce And Reverse Mortgage In California| An Attorney Point Of View
The Reverse Mortgage Tax Deduction For Heirs That No One Is Talking About
Gray Divorce: An Option On How To Afford A Senior Couple's Divorce
Aging Tsunami Ready To Hit. Here's An Option On How To Help Seniors Age In Place
Financial Advisors Top 5 Reasons Why They're Favoring The Reverse Mortgage
Standby Reverse Mortgage Line Of Credit A Must Have For Retirement, Here's Why.
New Investment Fund Puts Money In Companies Selling Products That Help Seniors Stay In Their Homes
AARP Is Warming Up To The Reverse Mortgage
Standby HECM Reverse Mortgage Line of Credit Is Becoming A Key Retirement Tool
Rising Interest Rates Can Negatively Affect Reverse Mortgages, So Act Now!
Archives:
September 2015
Financial Planners Starting To Recommend Reverse Mortgages
Baby Boomers And Their Retirement Mortgage Payment Woes, Can Reverse Mortgages Help Them?
A HECM Reverse Mortgage Line of Credit Is Better Than A HELOC
A California Reverse Mortgage Can Serve As A Safety Net Against Market Swings.
September 2015 (4)
Categories:
AARP (1)
Baby Boomers (1)
Baby Boomers and Reverse Mortgages, Growth Rate (1)
California HECM Line of Credit (2)
Financial Advisors and the Reverse Mortgage (1)
Gray Divorce (1)
Reverse Mortgage (4)
Reverse Mortgage Line of Credit Benefits (1)
reverse mortgage tax deduction (1)
Senior Divorce (1)
My Favorite Blogs:
Sites That Link to This Blog:
×
Close
Add a new blog comment
*
Name:
*
Email Address:
URL:
*
Comment:
Characters from the image above:
Your entry does not match the image, please try again.
Submit Comment
×
Close
Subscribe To My Blog
*
Name:
*
Email Address:
Address:
City:
State:
Zip:
*
Characters from the image above:
Your entry does not match the image, please try again.
Subscribe