and everyday expenses can make it harder for seniors to make their monthly mortgage payments. Fortunately, there are programs out there offering help. And if you're 62 or older, you may qualify to take advantage of any number of programs from federal mortgage assistance to nonprofit counseling...
A reverse mortgage may be the ideal option for retirees who are struggling to keep up with escalating living costs. It may be easier to mitigate the impacts of inflation with the assistance of areverse mortgage lender, freeing up financial space for simple delights such as going out to eat o...
Mortgage lending discrimination is illegal.If you think that you’ve been discriminated againstbased on race, religion, sex, marital status, use of public assistance, national origin, disability, or age, there are steps that you can take. One such step is to file a report with theConsumer Fi...
Colin has provided us with exceptional and timely assistance in a complicated lending situation. He has held our hand the whole way through and has always been available for questions. I highly recommend Colin and have and will recommend him to friends and family. He will do right by you. ...
Down payment assistance programs. Can apply online or in-branch. Cons No home equity loans or HELOCs. Must inquire about lender fees. Home search tools for current customers only. More details Interest rates: Below national average. DTI ratio: Does not disclose. Perks: Up to $5,000 in ...
As the October 31 property tax payment deadline nears, King County Assessor John Wilson has a clear message for seniors: Take advantage of the county’s property tax relief program, which is designed to help seniors reduce their tax burdens and stay in their homes longer. ...
Whilea reverse mortgage can be a good solutionfor some, it may not be theright financial solutionfor everyone. In this article, we will go through some common reverse mortgage scams so you can avoid them. Key Takeaways Seniors may be targeted by scammers who convince them to take out reve...
This is especially true for seniors, for whom the homeownership rate is nearly 80%. Navigating the process of inheriting a home can be confusing and comes with plenty of logistics, and it’s made all the more complex when the home has a mortgage. To help ease some of the burden for ...
If you need further assistance, a highly trained GoodLife Mortgage Expert is just a phone call away. 1-866-840-0279 Who Benefits From a Reverse Mortgage? There are many reasons for people to consider a reverse mortgage. Pay off existing mortgage. Remodel home. Fund family vacation or college...
Reverse mortgagesare designed to help seniors convert their equity to a source of income in their retirement years. Down Payment Assistance Multiple home loan programs designed to work in conjunction withdown payment assistancein certain geographic markets. ...