Category Archives: Reverse Mortgage News

Reverse Mortgages and Small Business Cash Flow

Getting credit approval is extremely difficult, even for small business owners. The strenuous lending requirements that the banks are enforcing have made it difficult to get any type of loan. Continue reading

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HECM Principal Limit Reduction – October 1’st 2009

The U.S. Department of Housing and Urban Development announced a new set of principal limit factors for the Federal Housing Administration (FHA) HECM program. The changes will lower the principal limits for the HECM by 10%. Continue reading

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Reverse Mortgages: CMT vs HECM

Recently the Reverse Mortgage market has added a new index to the available options. You now have a choice of the index for your loan. Continue reading

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Reverse Mortgage Home Purchase Loans Creates New Retirement Options for Seniors who Plan on Buying New Homes

The Home Ownership and Economic Recovery Act of 2008 made many considerable improvements to the Government regulated and insured Home Equity Conversion Mortgage or HECM reverse mortgage. Continue reading

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