2021 HECM Limit raised

More Money is now available for senior clients as the New Reverse Mortgage 2021 maximum claim limits have been released.  Those older Americans that have properties valued in excess of $765,600 can begin using the HUD HECM so they do not have to utilize a Non-HUD Reverse Mortgage Program.  As a Certified Reverse Mortgage Professional,…

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How to List and Sell More Homes to a Retiring Population Reverse Mortgage Webinar

Reverse Mortgages are great tools that every Realtor should understand.  By understanding reverse mortgages, Realtors can help seniors sell their current home and buy a new one without a monthly mortgage payment. Many children move from home and start families leaving grandparents miles away.  The New Reverse mortgage enables seniors to use the equity they…

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The New Reverse Mortgage has changed dramatically. I am hosting The NEW Reverse Mortgage Seminar for individuals.  The NEW reverse mortgage has many new improvements and protections. Find out what you are missing out on. Do you know anyone retiring?  The vast majority of Americans that have recently retired or retiring today may find themselves…

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Mortgage Rate Market update 10.26.2018

Mortgage Interest rate update for Dallas Texas October 26 2018.   Current Mortgage Rate Trend Direction:  Modestly higher Advise for Clients for mortgage rate lock: Continue floating as Stocks endure pain, for now Disappointing earnings from Google and Amazon are pushing Stocks lower again this morning, while giving Bonds a boost higher. Today’s drop in Stocks…

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Retirement Town home

Smaller Space, Bigger Pockets and More Time to Enjoy Retirement The kids have flown the coop and now it’s time to spread your own wings. Downsizing at retirement is an exceptional opportunity to decrease your outbound cash flow and enjoy a space that doesn’t require continual maintenance. But the process isn’t without its hassles. In…

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Single-family median home prices July 2017 versus July 2018

Dallas and Fort Worth home prices Market Report July 2018. This information looks to indicate that the housing market is somewhat slowing, or rather, returning to normal pace.  The Dallas market still continues to be a very attractive place in order to purchase your next home. Continued economic growth will keep housing demand strong for…

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Get comfortable with a reverse mortgage

The NEW Reverse Mortgage Better, Safer, Life Changing. Here’s the story of a pretty typical retiring American. This lovely couple came to me after trying to get approved by numerous lenders. They did what many loving parents did. They used their life savings to help their children start a business. As the business failed they…

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Why Get Your Reverse Mortgage From Richard Woodward of Service First Mortgage

How a reverse mortgage helped an 84-year-old retired schoolteacher purchase a home even with horrible credit.  She needed to sell her existing larger home so she could move closer to her grandchildren and save the expense of a large home. Many seniors try to help their adult children by cosigning credit accounts with them. Unfortunately,…

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The New Reverse Mortgage - What you need to know Seminar

Residents of Dallas, Plano, McKinney, Frisco – and those who live in the surrounding areas: you have the opportunity to learn about the reverse mortgage program at an in-person seminar on, September 13th from 10:30 a.m. until 1 p.m. [icon name=”arrow-right” class=”” unprefixed_class=””]Did you know that with an FHA insured reverse mortgage that you or…

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