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New Version Of The Kosher Hecm Reverse Mortgage Calculator | AutoTraffic
New Version of the Kosher HECM Reverse Mortgage Calculator
PHILADELPHIA, Oct. 5, 2017 /PRNewswire/ -- Mortgage Professor LLC has released the latest version of its unique Kosher Reverse Mortgage Calculator designed for seniors. The new features increase both ... read more
Which HECM reverse mortgage best meets your needs?
Among the challenges faced by seniors considering a HECM reverse mortgage is deciding which HECM best ... Concluding comment: The kosher reverse mortgage calculator on my website shows all the options ... read more
THE MORTGAGE PROFESSOR: A new tool for tracking a HECM reverse mortgage
On my site alone there are six calculators and four spreadsheets addressing this problem. HECM reverse mortgages, on the other hand ... be obtained more advantageously by refinancing into a new Kosher ... read more
Union Home and Alliance Deal; Reverse Mortgage Changes; Fed Speeches This Week
And thus, plenty of lenders now have reverse ... Mortgage (HECM) Calculation Software on its Home Equity Conversion Mortgages for Lenders (HECMs) webpage under “Software.” Version 2.5 of the HECM Calc... read more
Reverse mortgages: Are they worth it?
I've seen a lot of commercials on TV about reverse mortgages. How do they work and who should consider a reverse mortgage, if anyone? -- Judith Y., New York It's hard to miss ... Development's Home Eq... read more
The Mortgage Professor Announces New Program for Veterans Still Paying on a Home Mortgage
Mortgage insurance, title insurance and other charges are financed. Veterans also receive all the standard benefits of the Kosher HECM Reverse Mortgage program, including access to the Option Optimiza... read more
New tool for seniors considering a reverse mortgage refinance
Sheila took out a HECM reverse mortgage in 2010 when she desperately needed additional ... second component could be obtained more advantageously by refinancing into a new kosher HECM. The borrower is ... read more
Obama's Budget Message, Drinking Game Version
Reverse the long-run trend toward increasing the percentage of public spending in health care. Declare a deadline for withdrawal from health care just like you (sort of) have for Iraq. This Budget doe... read more
Fiscal Cliff Impasse Isn’t About Tax Rates — It’s About Entitlements
Officially, Republicans are not opposed to new revenues per se; it’s precisely how they’re raised that accounts for the stalemate in Washington. Capping tax deductions and eliminating loopholes is kos... read more
Is Equity Required to Qualify For A Reverse Mortgage?
Note: HUD, who insures the most common reverse mortgage, the Home Equity Conversion Mortgage (HECM), does not allow the difference to be from another loan or credit cards. If the funds are coming from ... read more
Unlocking your home equity
and a 2% mortgage insurance premium for all HECM loans. The new law brings some relief: It limits origination fees to 2% of the loan up to the first $200,000 and 1% of the rest, with a cap at $6,000. ... read more
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Is a reverse mortgage a friend or foe?
A reverse mortgage, which lets you convert some of that equity into cash, might just solve the problem. Depending on your health and financial stability, however, it could also create new ... version ... read more
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