Articles
Browse insightful articles by GoodLife Home Loans about solving the common challenges and concerns of retirement
Understanding the True Cost of Reverse Mortgages
TABLE OF CONTENTS Overview of Reverse Mortgages Reverse Mortgage Costs Find Out Your Reverse Mortgage True Cost with GoodLife When...
Reverse Mortgage Changes 2021: Updated Reverse Mortgage Rules
TABLE OF CONTENTS Changes in Reverse Mortgage 2019 Guidelines Changes in Reverse Mortgage Loan Limits for 2019 Changes in Principal Limit...
HECM Counseling Requirements & Cost
TABLE OF CONTENTS Why do I need to go to a reverse mortgage counseling session before getting a reverse mortgage? How should I prepare for...
What Happens to a House with a Reverse Mortgage When the Owner Dies?
TABLE OF CONTENTS What Happens to a Reverse Mortgage after Death? Reverse Mortgage after Death of the Borrower: Spouse’s Responsibility...
Are Heirs Responsible for Reverse Mortgage Debt?
TABLE OF CONTENTS When does a reverse mortgage loan mature? What happens to a property with a reverse mortgage when the owner passes away?...
Guide to Non Borrowing Spouse Protections in a Reverse Mortgage
TABLE OF CONTENTS What does non-borrowing spouse mean? What’s the difference between an eligible and ineligible non-borrowing spouse? Do...
15 Benefits of a Reverse Mortgage
TABLE OF CONTENTS Reverse Home Mortgages – A Brief Overview Why Consider a Reverse Home Mortgage? Reverse Home Mortgage Benefits –...
HECM for Purchase: Using a Reverse Mortgage to Purchase a Home
TABLE OF CONTENTS How a HECM for Purchase Works HECM for Purchase Eligibility Requirements HECM for Purchase Down Payment HECM for...
Why HECM Loans are Better Than Reverse Mortgage Alternatives
HECM vs HELOC vs Home Equity Loans
TABLE OF CONTENTS Reverse Mortgages vs Home Equity Loans Reverse Mortgages vs HELOC Home Equity Line of Credit vs Home Equity Loans Most...
Reverse Mortgage Interest Rates for 2021
Reverse Mortgage Interest Rates for 2021 At GoodLife, we’re committed to providing you with the information you need to make sound...
Common Reverse Mortgage Advantages & Disadvantages
TABLE OF CONTENTS What is a Reverse Mortgage? Pros: Benefits of a Reverse Mortgage Cons: Reverse Mortgage Disadvantages Thinking about...
Find out if a GoodLife Home Loans reverse mortgage is right for you.