Reverse Mortgages –Simplified Part 2- Loan Calculation

There is a loan calculator managed by FHA/HUD that determines your HECM reverse mortgage loan amount or the amount of equity in your home that a homeowner may access. The calculator uses the age of the homeowner or youngest age…

25 Ways to Use a HECM – (Home Equity Conversion Reverse Mortgage) In Texas and New Mexico

25 Ways to Use a HECM – (Home Equity Conversion mortgage, or simply put, a Reverse Mortgage) in Texas and New Mexico as outlined by Bruce Anderson from Legacy Mortgage/Legacy Lending Home Loans.

Reverse Mortgage for Investment Protection in Texas and New Mexico

Reverse Mortgage for Investment Protection in Texas and New Mexico Michael Lazar Contributor, NowItCounts.com The media has changed its tone on reverse mortgages in recent months in all areas of Texas and New Mexico, namely after new laws passed that…

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Reverse Mortgages on NBC NEWS

Recently, NBC News did a short story about how reverse mortgages can actually help you save money. With some of the new regulations surrounding them, they are becoming a smart way to bring in more money. Click the image below…

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