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Reverse Mortgage

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Understanding what happens to your debt when you die is an important part of estate planning—and you don’t have to be rich to have an estate. Everything you own and owe makes up your estate. For many people, that includes a house with a mortgage. The median housing-related debt of a 65- to 74-year-old borrower […]

Q: There are thousands of seniors like us who are “stuck” in their homes because they do not “qualify” for a mortgage, let alone a refinance of their existing mortgage. All our funds are tied up in our houses or condos and we’re barely surviving on our monthly Social Security checks.

  • Updated

If you’re tired of paying more in rent than you would on a mortgage for a modestly priced home, it might be time to look into a small-dollar mortgage. You may have to shop around to find a lender that offers small-dollar mortgages, but some partner with nonprofits or create their own loan programs to […]

First, you were supposed to die at 85. Then 90. Now 95 and even 100 are common defaults when financial planners tell people how much to save for retirement. Except that's nuts.

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MetLife Bank announced that Don Robertson, of Dry Fork, joined the company as a reverse mortgage consultant for the central and southern Virgi…

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