Video: Reverse Mortgages and Cash Flow Having enough cash to last to – and through – retirement is one of the major challenges facing today’s seniors. A reverse mortgage is a safe way to help senior homeowners improve their cash flow while allowing them to better “age in place” in their own home. With a […]
Mortgage Info Blog
Reverse Mortgages – Paying them off
Video: Paying off Reverse Mortgages A frequently asked question about reverse mortgage loans is, “When do I have to pay it off?” There are several scenarios regarding when a reverse mortgage would have to be paid off. The first would be when the last borrower passes away or moves out for more than a year, […]
Do You Qualify for a Reverse Mortgage?
Video: Do You Qualify for a Reverse Mortgage? If you’re considering a reverse mortgage to help fund your retirement, you may be wondering, “How do I qualify?” To be eligible for a typical reverse mortgage, you must be at least 62 years of age, but for a “Jumbo” reverse mortgage – typically used for high […]
Funds from Reverse Mortgages – Ways to U
Video Transcript: Your Reverse Mortgage, Your Choice! Senior homeowners are using the additional tax-free cash flow generated by a reverse mortgage in many creative ways to benefit themselves and their families. Homeowners are no longer required to make a principal and interestInterest: the cost of borrowing money, charged as a percentage of the outstanding balance […]
Does Your Home Need Repairs? Here’s How
Owning a home in New Hampshire means staying ahead of repairs — and sometimes, those repairs aren’t small. A failing furnace, a roof nearing the end of its life, outdated kitchens and bathrooms, or aging systems common in NH’s older housing stock can all create sudden, expensive needs. Ideally, every homeowner budgets for major repairs […]
Facts and Fiction About Reverse Mortgage...
Video: Facts and Fiction About Reverse Mortgages There’s a lot of misinformation out there about reverse mortgages, so let’s separate the facts from the fiction. To qualify for a reverse mortgage, you must own your home outright or have at least 50% equityEquity is the portion of your home’s value that you own. It’s calculated by […]
A Video Guide to Reverse Mortgages
Video Guide: How do Reverse Mortgages Work? A reverse mortgage is a unique way for seniors who are looking to generate additional cash flow – beyond their 401K and Social Security payments – to help fund their retirement. It helps relieve the anxiety that seniors may feel about outliving their money by allowing them to […]
About Me, Renee Duval
Video: Renee Duval of New Hampshire Renee Duval of Bookend Lending LLC, your trusted reverse mortgage specialist with nearly four decades of experience here in New Hampshire. Renee assists REALTORS®, financial advisors, and senior homeowners in navigating reverse mortgages. A reverse mortgage allows homeowners aged 62 and older to use part of their home equityEquity […]
Reverse Mortgage: Myth vs Truth
Reverse Mortgage Facts Myth vs. Truth A lot of what people “know” about reverse mortgages is outdated or just wrong. Tap each card to see the real answer. Myth 1 The bank takes ownership of your home once you get a reverse mortgage. Tap to reveal the truth Truth 1 You keep ownership of your […]
Boost Purchasing Power with Reverse Mort...
Boost Purchasing Power with Reverse Mortgage Are you a senior homeowner living in a home that no longer meets your needs? There is a reverse mortgage strategy that can increase your purchasing power by 35 to 45% so you can purchase a home that better fits your lifestyle. Here’s how it works. Take out a […]