Equity Release, The New Reverse Mortgage

04/03/2026

A reverse mortgage to buy a home... say what?

12/02/2025

In an elevator:
So, what do you do for a living, Dan?
Me: I sell tools.

10/02/2025

A Puzzler from Pawtucket

09/12/2025

A growing equity line... a non-correlated asset.

07/30/2025

This line of credit is much more than just a loan...

04/19/2025

02/27/2025

No Payment, No Problem

02/12/2025

Including your financial advisor and others in the decision-making process is important. It's also important to recognize that biases are strong regarding reverse mortgages and often not rooted in current or accurate information.

10/11/2024

One of the most compelling reasons to get a HECM early is that the unused portion of the credit line grows over time. The earlier you set one up, the more potential growth you can realize, offering a larger reserve of funds for future use… the home then can cushion a reduced work schedule or retirement... and can even buy you a tractor.

It ain’t like the ol’ days… Reverse mortgage loans are not easy to get. Income and credit qualification are both now mandatory. The trick is to nail one down while income supports liabilities and, importantly, while the appraisal value of the home is strong.

09/13/2024

What the HELOC is a HELOAN! I canceled my JCPenney card a couple weeks ago when I learned that it was at 29.9%. Rudely awakened, I then used my HECM credit line to pay off the rest of my ‘this ought-to-be-usury’ credit cards. I'm now addressing that same debt by making voluntary payments at a fraction of the interest cost. HECM’s have evolved into portfolio protection tools and retirement goldmines for the brave. I’m a 30-year licensed MLO, reverse mortgage specialist & educator … I can help you understand.

08/15/2024

The HECM reverse mortgage is the best-kept secret in lending. The Swiss Army Knife of loans, it’s a retirement tool, a home improvement loan (my use), a credit card debt elimination strategy (yea, I did some (22% to 7%) of that too), portfolio protection and more… Best practice at this point is to stop yourself from stopping yourself, be like Agent 99, have courage, investigate and kindly say “No, Max” to unproductive ‘dead equity’.