Home equity is one of the best parts of homeownership, but accessing one’s home equity can be a challenge. In this article, we explore some of the most popular traditional options alongside a new choice called HomeSafe Second so you can make an informed decision for yourself.
If you’re 62+ and would like greater financial security and flexibility, learn a little bit about the Home Equity Conversion Mortgage, or HECM, by watching this quick video!
If you’re 62+ and would like greater financial security and flexibility, learn a little bit about the Home Equity Conversion Mortgage, or HECM, by watching this quick video!
Many older homeowners turn to reverse mortgages or HELOCs to tap into their home equity. While those options are great for many people, they both have components that aren’t ideal for others. That’s where HomeSafe Second comes in. Watch this explainer video or read the transcript to learn more!
Discover the expected updated HECM loan limits for 2025. This featured image captures the essence of the new financial thresholds set for Home Equity Conversion Mortgages, reflecting significant changes beneficial for homeowners. Dive into our detailed analysis to understand how these revised limits could impact your mortgage planning.
As we navigate through economic uncertainties, a HECM represents a powerful financial solution when it’s needed most. Read on to see why!
Discover the expected updated HECM loan limits for 2025. This featured image captures the essence of the new financial thresholds set for Home Equity Conversion Mortgages, reflecting significant changes beneficial for homeowners. Dive into our detailed analysis to understand how these revised limits could impact your mortgage planning.
Explore the concerns surrounding reverse mortgage loans and the consumer safeguards that make it a secure choice for borrowers.
Fairway has been named on CNBC’s Best Reverse Mortgage Lenders list, as well as Money.com’s 2024 Best Reverse Mortgage Companies!
Despite the many benefits of reverse mortgages, misconceptions stemming from outdated views often deter older homeowners from considering this product. Read on to get the facts and see if a reverse could be a solution for you or those you know!