reverse mortgage lenders Archives | The Richard Woodward Team Nexa Mortgage

Navigating Retirement with Confidence: The Power of Reverse Mortgages

As a Certified Reverse Mortgage Specialist with over two decades of experience in the mortgage industry, I’ve dedicated my career to empowering homeowners in their retirement years. My commitment to excellence is reflected in the 333 5-star reviews from satisfied clients on Google, underscoring my expertise and the trust placed in my services. Why Reverse…

Expert Report that Reverse Mortgages Are No Longer Just for Struggling Homeowners You can turn your home equity into cash to pay off bills or preserve other savings or investments. They are complicated and not for everyone. Janice Keese decided not to make any major decisions after her husband’s sudden death in 2016. Janice Keese waited two…

Home Equity Growth can factor into savings with a reverse mortgage

Forbes: Turn home equity into additional savings with a reverse mortgage The ‘Mortgage Professor’ offers his thoughts about incorporating home equity into a retirement plan, and why including a reverse mortgage can significantly increase the funds available. A reverse mortgage, which can be used to convert equity from your home into cash, can help you…

What are the benefits of a reverse mortgage

Here are six beneficial reasons to use a reverse mortgage. A reverse mortgage is a loan that allows homeowners over 62 to borrow money from the equity in their home. It can be used for anything, but it’s most commonly used as a retirement planning or income resource. The new guidelines for reverse mortgages make…

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,…

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…

$2T Stimulus… How does that affect my mortgage_

You may have heard on the news about the $2Trillion dollar stimulus package recently announced. You may also be asking how that will affect my mortgage. Well as a mortgage lender with over 22 years of experience I can honestly say the current environment has hit the financial industry with a perfect storm. Several weeks…

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…

Reverse mortgage myths part two. The truth about reverse mortgages is that most people just don’t understand them. I work with loan officers and Realtors every day, and the vast majority of them have no idea of how a reverse mortgage actually works. I am a certified reverse mortgage specialist and I have been doing…

Reverse Mortgage Myths _ The Truth about Reverse Mortgages

Reverse mortgage myths are very common. Reverse mortgages are different than a traditional forward mortgage, therefore many people are afraid of them. Few people have studied the benefits and the guidelines but are quick to dismiss what they don’t understand. My name is Richard Woodward, and I am a certified reverse mortgage specialist. I’m going…