reverse mortgage Archives | Page 2 of 2 | The Richard Woodward Team Nexa Mortgage

Save big in retirement with these helpful tips. After a lifetime of hard work, retirement seems like a finish line that many seniors can’t wait to reach. But the absence of a steady income and the high costs of housing, healthcare, utilities, and food isn’t cutting it for many seniors. That’s why we have compiled…

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…

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…

Meet Jeanne and Frank. They now Enjoy Zero Mortgage Joy For years, this husband and wife team have helped others discover their zero mortgage payment joy* through Home Equity Conversion Mortgage (HECM: aka Reverse Mortgage). Now it’s Jeanne and Frank’s turn to tap into their hard-earned equity and live without the stress of monthly mortgage payments.…

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…

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,…

How to buy a home with a reverse mortgage

Reverse Mortgages are changing effective October 2, 2017. The Trump administration is planning to raise premiums and place tighter loan limits on some borrowers in a mortgage program that helps seniors supplement their incomes. This Wall Street Journal article indicates that HUD says the program needs a sounder financial footing. The bad news is that…

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…