Resources & Services
Many mortgage lenders offer credits to help you pay for some or all of the closing costs associated with home loans. For example, a $200,000 home loan may incur closing costs of 3 to 6 percent of the loan amount.
Using the high end of 6 percent on a $200,000 home loan, the lender will require you to pay $12,000 in closing costs. Lender credits can help pay some or all of the $12,000.
When you apply for a reverse mortgage, lenders must conduct...See More
LESA Reverse Mortgage
LESA reverse mortgages are made to ensure that...See More
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...