A home equity line of credit (HELOC) offers convenient access to home equity, but it ... Read More The post Buyer Beware: The Top 5 HELOC Risks for Retired Homeowners appeared first on MyHECM.com ..read more

The California Mortgage Relief Program provides grants of up to $80,000 to California homeowners who ... Read More The post How to Get Free Help From the California Mortgage Relief Program appeared first on MyHECM.com ..read more

Credit card interest rates reached stratospheric new highs at the end of 2023. Consumers carrying credit card balances are now paying the highest average interest rates in at least the last thirty years. The post Credit Card Interest Rates Hit Stunning New Highs At The End of 2023 appeared first on MyHECM.com ..read more

The reverse mortgage is a fantastic financial tool, but it’s not perfect for everybody. Is ... Read More The post (Updated for 2024) The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage. Available Now on Amazon. appeared first on MyHECM.com ..read more

Happy New Year! Some changes are in store for the HECM reverse mortgage in 2024. ... Read More The post HECM Changes For 2024: Falling Interest Rates, A New Lending Limit, and Other Program Tweaks appeared first on MyHECM.com ..read more

A home equity agreement, or HEA, is a little-known way to tap into home equity ... Read More The post Using An HEA to Cash Out Home Equity: Stupid Move or Savvy Play? appeared first on MyHECM.com ..read more

What if I told you there was one simple question that could get you thousands (or maybe tens of thousands) of dollars more from a reverse mortgage? Would you want to find out more? If so, read on! Now, before I fill you in on what this question is, I need to lay some groundwork. ... Read More >> The post The One Simple Question That Could Get You Thousands More From a Reverse Mortgage appeared first on MyHECM.com ..read more

It’s important to stay physically and mentally active as we age. Outdoor activities like hiking, walking, and gardening can provide great benefits, but not all seniors can do such activities. Fortunately, there are some great indoor activities for seniors that can also be beneficial. Virtual Tours & Performances You don’t need to get in a ... Read More >> The post 45 Fun Activities for Seniors to Stay Physically and Mentally Sharp appeared first on MyHECM.com ..read more

Rising interest rates have pummeled the reverse mortgage industry in 2023. According to the latest HUD HECM Snapshot, reverse mortgage endorsements are down significantly over the last year. Fortunately, it’s not all bad news. There are some intriguing bright spots in the data. It’s a good bet you’ve been hearing a lot about rising rates ... Read More >> The post INFOGRAPHIC: Rising Interest Rates Pummel the Reverse Mortgage Industry in 2023 appeared first on MyHECM.com ..read more

Imagine answering a knock at your front door and finding a man on your doorstep claiming to own your home. Somehow, your home’s title was transferred out of your name without your knowledge. The stranger demands that you pack up and leave his property immediately.  This is the nightmare scenario that came up in a ... Read More >> The post Is a Home Title Lock Necessary? No, But This Worries Me More appeared first on MyHECM.com ..read more