Articles
Browse insightful articles by GoodLife Home Loans about solving the common challenges and concerns of retirement
When Is the Best Time to Get a Home Equity Conversion Mortgage?
You've built all this equity in your home over the years, but when is the right time to access it? If you're in the golden years of your...
How to Access the Equity in Your Home
Did you know that it is possible for older adults who have reverse mortgages to use their home equity in order to fund their retirement?...
Is a Reverse Mortgage a Good Idea?
2021 was a big year for the reverse mortgage. With over 52,000 originating in 2021 alone, it's not difficult to see that it's worth...
Your Guide to Types of Reverse Mortgages, and How to Choose Between Them
Did you know that people who are at least 62 years old qualify for a certain type of mortgage that others don't? This is known as a...
What is a Jumbo Reverse Mortgage?
The majority of older Americans are in debt, as high as 70%. If you are a homeowner over the age of 55, you may be able to get a jumbo...
Who Can Get a Reverse Mortgage?
In 2021, 49,207 borrowers entered into reverse mortgages, an increase from the previous year. Reverse mortgages are becoming more popular...
What Is Home Equity?
The average price of a house in the US is $428,700 in 2022. Owning a home offers a range of benefits, and one of those is establishing...
How to Get a Reverse Mortgage
Are you nearing retirement and curious about what a reverse mortgage is? Ready to tap into your home equity? A reverse mortgage could be a...
The Benefits of a Reverse Mortgage
Wondering if a reverse mortgage is the right option for you? More people opted for a reverse mortgage in 2022 than ever before and this...
How to Calculate a Reverse Mortgage
As time passes, one’s financial priorities inevitably shift. Retirees are often left with two choices: sell their home or be stuck trying...
What Is a Reverse Mortgage and How Does It Work?
Reverse mortgages are becoming an increasingly popular way to tap into your home’s equity. In fact, in 2021, reports showed that a...
What are the Index and Margin for an Adjustable-Rate Mortgage?
The interest of adjustable-rate mortgages (ARM) are tied to the index and margin. The index is a reference point for the interest rate and...
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