For most homeowners aged 62 and older, home equity represents the largest portion of their overall net wealth. Three common home-equity-release loans available today for senior homeowners are the Home Equity Line of Credit (HELOC), Home Equity Loan (HEL), and the Home Equity Conversion Mortgage (HECM).
Kathleen Scarcelli is a long-time resident of Scottsdale, AZ, and entrepreneur. Her husband passed away, which left her in a difficult position.
Homeownership even with bad credit can sometimes feel impossible. At Fairway we can make the American Dream of homeownership possible for anyone.
To secure a mortgage for first-generation first-time homebuyers is not always easy. Having mortgage loan officers who invest in your success is important.
Jim, a retired financial advisor, and his wife did their homework on reverse mortgage loans, and are very happy that they have one. Jim’s sister was struggling to make ends meet—hear why Jim recommended a reverse and how it improved her life.
Mitch and his wife Evaly used a reverse mortgage loan to provide a financial buffer for market downturns, and believe that it’s a move that other people should make as well.
Best-selling author and speaker Joe Jordan was once highly skeptical of reverse mortgage loans—hear in his words why he’s become a major advocate.
H4P loans can not only help you grow your REALTOR® business, it can help you overcome challenges in your own retirement planning.
There are many older-adult homeowners who would like to downsize, upsize, or right-size into their dream home — or a new home that simply better meets their lifestyle in retirement. The Home Equity Conversion Mortgage for Purchase (H4P) can make their dreams come true.