Latest Articles

Are HECM Reverse Mortgages Best Viewed As A Stand-...

Jack GuttentagContributor   How a reverse mortgage can be part of an integrated retirement plan The practice, almost without exception, is to deliver HECMs as a stand-alone. HECM reverse mortgage lenders are barred by HUD rule from delivering HECMs in conjunction with any other financial instrument. And every annuity provider we have queried has an […]

How to apply for a joint mortgage

If you’re buying a home, you may have considered taking the leap with a partner or a friend. A joint mortgage is a great option for people who want to combine assets and qualify for a mortgage together. Although the process may seem simple, there are a lot of things you should consider before you […]

What is PMI and how is it calculated?

When you take out a home loan or refinance your mortgage, your lender may require you to pay for an additional type of insurance – private mortgage insurance. When do you have to pay private mortgage insurance (PMI) and how much will it cost you? It depends on your loan-to-value (LTV) ratio. Find out when […]

Need mortgage relief due to COVID-19? Here’s...

As the pandemic continues to affect Americans across the country, many are facing financial hardship. For homeowners with a Freddie Mac loan, COVID-19 mortgage assistance is available in the form of “forbearance,” which temporarily suspends or reduces your mortgage payment without penalty so you can get back on your feet. Here is how forbearance works […]