The Limitations of What Reverse Mortgages Can Be Used For

For many people, buying a home is the largest purchase they will ever make, and homeownership can be a lifelong investment. Typically, taking out a mortgage is a critical step of the home-buying process. However, a mortgage is not a one-size-fits-all loan, and applying for one looks different based on your income, credit score, and life circumstances.

Reverse mortgage

There are so many mortgage lenders out there who offer a variety of loans with different terms and interest rates, so it is incredibly important to do your research to ensure that you are getting the fairest deal possible.

While people usually spend a great deal of time, energy, and money figuring out how to begin their journey to homeownership, few people take the end of this journey into consideration.…

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How Reverse Mortgage Will Help Save Your Business

As a small business CEO, you know that businesses go through cycles. Sometimes business is so good that you can’t keep up with demand. Other times, it seems like the market is stuck in the mud. Customers are not coming through the door and your expenses keep piling up. What can you do? Banks won’t finance your business, even though you have a long history in the market.

Business funding via reverse mortgage

Well, if you are over 62-years-old, I have a secret financial weapon which could help you save your business. It’s called a reverse mortgage, and it could be just the ticket to get you the money you need.…

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