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 […]
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 […]
HECM for Purchase – Tap your Home Equity
Video: HECM for Purchase – Tap your Home EquityEquity is the portion of your home's value that you own. It's calculated by subtracting the balance of your mortgage and any other loans secured by the home from its current market value. Your equity grows in two ways: by paying down... More Are you a senior homeowner that feels your home no longer fits your needs? You don’t need the additional family space anymore, and maintaining a large home is expensive and can be a drain on your time and resources. It might be time to downsize and move into […]
The Reverse Mortgage Line of Credit Stra...
Financial Advisors Like the Reverse Mortgage Line of Credit Strategy As a financial advisor, you may be overlooking a significant planning tool… a reverse mortgage line of credit. The government regulated and insured FHA Home EquityEquity is the portion of your home’s value that you own. It’s calculated by subtracting the balance of your mortgage […]
Discuss Retirement Income with a Reverse...
Video: Why Talk to a Reverse Mortgage Specialist? You’re retired – or soon will be – and you’re in the process of planning for the days after you stop working. You’re checking with your financial advisor regularly to make sure your IRA or 401K is performing as you hoped, and you’ve worked long enough that […]
Retirement Cash Flow for Baby Boomers
Video: Retirement Cash Flow for Baby Boomers Unlike previous generations, today’s baby boomers face some unique challenges to funding – and maintaining – their current lifestyle in retirement. They can no longer depend on the steady income provided by a company pension as their parents did. Instead, most are left hoping that their savings from […]
Seniors – Should You Consider a Reverse
Video: Seniors – Should You Consider a Reverse Mortgage? As they enter retirement, many seniors feel comfortable with the amount of equityEquity is the portion of your home’s value that you own. It’s calculated by subtracting the balance of your mortgage and any other loans secured by the home from its current market value. Your […]
Cash Flow from a Reverse Mortgage
Video: Cash Flow from a Reverse Mortgage 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 […]
Reverse Mortgages – Paying them Off
Video: Reverse Mortgages – Paying them Off 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 […]
Reverse Mortgages – Facts Take the Fear
Video: Facts Take the Fear Out 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 subtracting […]