. What is a reverse mortgage? is it more than a loan program for those who are "house-rich, but cash poor"? How does the "non-recourse feature" protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage.
Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement The Retirement Researcher's Guide Series Volume 1Retirement Researcher Media #ad - Reverse mortgages have been surrounded by negativity. Wade pfau began researching them in depth. In fact, Dr. Over the course of the next year, he came to the conclusion that reverse mortgages aren't inherently a bad idea, though they are often misunderstood and not used in a most beneficial way. They were often mentioned alongside phrases like "last resort, " "out of money, " and "bad choice.
Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement The Retirement Researcher's Guide Series Volume 1 #ad - In 2014, intrigued by the seemingly universal bad rap reverse mortgages had cultivated, Dr. Pfau realized that reverse mortgages-when used correctly-can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquid asset.
Reverse Mortgage Survival Guide: Explaining the Most Misunderstood Financial Product in Plain EnglishCreateSpace Independent Publishing Platform #ad - Just a plain-english explanation about the pros, and major changes that FHA has recently made to the program, options, scams, misconceptions, cons, lenders, including the new 2017 rules. The goal of this book is to educate seniors, and advisors, their families, so that they can make informed decisions.
And if they decide that a reverse mortgage is right for them, the information contained within should help them to minimize their costs and maximize their chances for loan approval and long-term success. Tv commercials with celebrity spokesmen make reverse mortgages sound wonderful. You just don't know who to believe.
Reverse Mortgage Survival Guide: Explaining the Most Misunderstood Financial Product in Plain English #ad - It's a jungle out there. On the other hand, too good to be true, the bank will own your home, there are rumors that it's a scam, etc. Most books about reverse mortgages are either: 1 very outdated, with incorrect information 2 Filled with complicated math and graphs 3 Just sales pitches to promote reverse mortgages This "survival guide" has no calculations, quotes from financial experts, detailed analysis, or "happy senior" stories.
Finally, there's a book that cuts through both the positive hype and negative misconceptions.
What's the Deal with Reverse Mortgages?People Tested Media #ad - To survive and thrive in retirement in the coming years requires new thinking and a clear understanding of the options open to retirees. This book debunks the hoary old myths attached to reverse mortgages. Reading this book will provide you with a full understanding of reverse mortgages to see beyond the current sales and advertising tactics related to the product allowing you to discuss the best options with your adviser, banker and family.
And most importantly, it explains how to evaluate your housing wealth in the early years of retirement, and why you should never wait and pray by deferring a reverse mortgage as a last resort. Studies show that the main fear that people have in retirement is running out of money. Add to that the reality that the rules for retirement have changed; government regulations have both helped and hindered those who are retiring.
For many in the boomer generation, it will be a challenge to make the money last without having to adhere to an unpleasant budget. Shelley has brought together thought leaders and experts to write a book that applies sound analysis to demonstrate that the prudent and conservative use of housing wealth, accessed via the modern HECM, can have a profound positive effect on our other assets and our ability to generate income for retirement.
What's the Deal with Reverse Mortgages? #ad - It explains how the HECM has evolved to meet the needs of the Boomer generation. In what’s the deal with reverse mortgages?, shelley giordano, an expert of reverse mortgages and member of the Longevity Task Force, a group of thought leaders in retirement portfolio theory, has written a book that discusses the significant improvements made by HUD/FHA to the Home Equity Conversion Mortgage HECM.
Over the years, hud has improved consumer safeguards, and most notably in 2015, and reduced acquisition costs for those wishing to use their housing wealth in a controlled and strategic pattern.
Reverse Mortgages For DummiesFor Dummies #ad - Used book in Good Condition. Reverse mortgages for Dummies will help you keep your home and live the life you want. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, living expenses, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything—even mortgage payments, or medical costs.
Once you understand how reverse mortgages differ from other loans—and what you could do with your reverse mortgage—the book covers the specifics you need to find the right loan for you, and your family’s, this book gives you the information you need to make smart, informed decisions that are vital to you, including: Special advice for adult children helping their senior parents secure a loan How to get a reverse mortgage and keep your second home legally Property requirements and financing fees Selecting among a multitude of lenders Spending and estimating leftover equity Sharing the decision-making process with family and loved ones If you’re a senior wondering whether a reverse mortgage can help you keep your home, security.
For seniors who live on a fixed income, owning a home—and keeping it—can be financially challenging. Reverse mortgages for dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans—and keep the home you love.
Reverse Mortgages For Dummies #ad - Covering a full range of reverse mortgage options and topics, you’ll discover how to: decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Find a counselor who can help you Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, Reverse Mortgages For Dummies explains these helpful loan products in simple, an experienced reverse mortgage specialist, and John Lucas, easy-to-understand language free of all the jargon.
Crushing Call Reluctance for Loan Officers: A Proven System to Make the Calls You Need to Get the Business You WantMarketing Animals, The #ad - If you could double your application volume in the next 12 weeks, would it be worth it to you to read this book? Call reluctance for loan officers can be summed up in two sentences: “Fear is peeing in your pants. We aren’t the flashiest guys but we know this industry. Even the most confident top producer who is making sales all day long on the phone may look fearless, but they're not.
By the time you finish reading this book, a fresh perspective, you are going to have new insights, some tricks you can use to bypass your limiting beliefs and you will be able to pick up the phone or go make some sales calls and have conversations a whole lot easier. And it can happen fast when you work with the system we’re about to teach you.
. Courage is doing what you need to do with wet pants on. Carl white seriously, everybody feels the fear - truly everybody. When you make a simple mental shift, you can accelerate your results and change lives – yours and everyone’s life you touch through your business. We have worked with thousands of loan officers who have claimed their readiness to help more people and live the lifestyle they want with the right income to support it.
Crushing Call Reluctance for Loan Officers: A Proven System to Make the Calls You Need to Get the Business You Want #ad - Note: the foreword was written and contributed by Sue Woodard, Mortgage Industry Expert and Chief Customer Officer of Total Expert Used book in Good Condition. Being brave isn't easy but it does get easier over time. Now we are taking what we know how to do – to generate sales volume through direct sales – to help loan officers like you get ahead.
Reverse Mortgage Dangers: The Pros, Cons, Downside and DisadvantagesLion's Pride Publishing Company #ad - This unique book explains the many secrets of this highly-touted “safe and secure free seniors’ money”, covering scams, frauds, and other problems. Residential mortgages of the “forward” variety have for years led the market. Morrtgage payments can vary greatly. Sometimes a reverse mortgage is a good idea, but most often it is not”, declares Anderson.
Getting a mortgage with favorable terms is the goal of almost every American. Jim anderson has been a licensed Mortgage Loan Originator in his own mortgage company for fifteen years, specializing in Reverse Mortgages. He presently owns a mortgage refinancing company. Mortgage related issues will always be of primary importance to every consumer seeking the American dream.
But as our population ages, and more individuals reach the magic “62 years” switching out of conventional loans to home equity conversion loans HECMs has become a major financial planning tool. Is a senior’s reverse mortgage ever a good idea? Is it a banking scheme or a government blessing? This unique fact-filled book has all the remarkable useful answers.
Reverse Mortgage Dangers: The Pros, Cons, Downside and Disadvantages #ad - Mortgage matters are a prime driver of today’s economy. Used book in Good Condition. Risking his career to help seniors avoid making a costly mistake, Anderson wrote Reverse Mortgage Dangers as a daring warning. He explains the pros, pitfalls, cons, drawbacks and disadvantages of this poorly-understood financial instrument.
2018: Answers to Common Questions - Simplifying the New Reverse Mortgage - Understanding ReverseCreateSpace Independent Publishing Platform #ad - Used book in Good Condition. It should be read by baby boomers, hecm counselors, heirs, financial planners, brokers, housing counselors, mortgage professionals, Realtors, estate planners, retirees, older adults with mortgages, financial journalists, and of course all homeowners who want greater assurance that they can comfortably grow older in their own homes.
2018: Answers to Common Questions - Simplifying the New Reverse Mortgage - Understanding Reverse #ad - Used book in Good Condition. What is a reverse mortgage? is it more than a loan program for those who are "house-rich, but cash poor"? How does the "non-recourse feature" protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage.
Understanding Reverse Mortgages: Increase Your Cash Flow and Minimize Your Stress!CreateSpace Independent Publishing Platform #ad - Three case studies will demonstrate how people could use a reverse mortgage to hit their financial goals and these situations may be similar to yours. Used book in Good Condition. Finally, the book will discuss what your adult children and heirs need to know to assist you and to think about the decisions they will need to consider when the loan becomes due and payable.
Used book in Good Condition. This up-to-date and easy-to-understand book clearly provides the information you need in order to learn whether a reverse mortgage is the right choice for you. If you decide a reverse mortgage is a good solution, this book will guide you through the lending process of a reverse mortgage from beginning to end.
Understanding Reverse Mortgages: Increase Your Cash Flow and Minimize Your Stress! #ad - A balanced approach is used to compare the positives and negatives along with common questions people usually ask about reverse mortgages.
2019: Answers to Common Questions - Understanding Reverse - Simplifying the New Reverse MortgageIndependently published #ad - What is a reverse mortgage? is it more than a loan program for those who are “house-rich, but cash poor?” How does the “non-recourse feature” protect homeowners and their heirs? Can the available line of credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and is the most comprehensive educational tool available on reverse mortgages.
2019: Answers to Common Questions - Understanding Reverse - Simplifying the New Reverse Mortgage #ad - It should be read by baby boomers, estate planners, financial planners, brokers, retirees, HECM counselors, housing counselors, financial journalists, mortgage professionals, Realtors®, heirs, and of course all homeowners who want greater assurance that they can comfortably grow older in their own homes.
. Used book in Good Condition. Used book in Good Condition.
Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home LoanAMACOM #ad - In this one-stop reference, find everything you need to know from a wide range of mortgage topics. Used book in Good Condition. Updated to reflect all the housing market’s latest changes, you will find the latest information on:• application procedures• Online lenders• New loan and government programs• Qualifying requirements• Zero-down options• Guidelines for self-employed borrowers• And much more!From negotiating the best deal to saving on closing costs, Mortgages 101 supplies the answers and assistance for everything you need until the day you walk through your new front door! Used book in Good Condition.
Mortgages 101: Quick Answers to Over 250 Critical Questions About Your Home Loan #ad - How much house can you afford or not afford? is every mortgage loan the same, or are there specifics to look for that meet your individual needs? How can you increase your chances of getting those almost unbelievable rates you see banks advertising? Is there any end to the paperwork? Questions like these make the mortgage process seem so complex and intimidating, yet they must be worked through in order to achieve the American Dream of home ownership.
Because unless you're sitting on a pile of cash, chances are you'll need to take out a mortgage when you’re ready to buy your next home. Thankfully, mortgages 101 eliminates the confusion and stress with clear-cut answers to all your questions.