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REVERSE MORTGAGE ALTERNATIVES

As I mentioned in a previous blog, today’s restrictions placed on the HECM reverse mortgage by HUD has eliminated a large number of potential borrowers from qualifying for enough proceeds to make reverse mortgage a viable option. Reductions in the initial loan amount...

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THE TOP 5 REVERSE MORTGAGE DISADVANTAGES

Let’s look at the meaning of the word “mortgage.” The word traces its history to old France. The meaning of “mort” is “dead,” and the meaning of “gage” is “pledge.” So, mortgage literally meant dead-pledge. To have a mortgage was to get a loan and promise to pay it...

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Why Choose Huntingtons

BUSINESS MODEL   Join an industry leader for just over $100,000. Highest grossing tutoring franchise* Our franchise model grows as your business grows – begin part time! Low expenses during start-up Financing available Flexible space options Low franchise fee...

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