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Category Archives: Home Equity
Former HUD Chief Touts Reverse Mortgage Benefits
Staying in one’s homes reflects not only a financially sensible housing option, but also helps give meaning to one’s life, according to former Secretary of the Department of Housing and Urban Development (HUD) Henry Cisneros in an op-ed for The … Continue reading
Posted in HECM, HECM Loan, Home Equity, Home Equity Conversion MOrtgage, pros and cons of reverse mortgages, Reverse Mortgage, Wealth Management
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Textbook Case of HELOC Reset; HECM is the White Hat
Jennie called me and was concerned that the HELOC (Home Equity Line of Credit) she had with Wells Fargo was going to be reset the first of the year. Her payments were going to increase from $373 per month to … Continue reading
Posted in HECM, HECM Loan, Home Equity, Home Equity Conversion MOrtgage, pros and cons of reverse mortgages, Reverse Mortgage, Wealth Management
Tagged Alameda, Alameda County, Berkeley, business, CA reverse mortgage, Castro Valley, Concord, Contra Costa County, creditline, Dublin, economy, El Cerrito, equity line, FHA, Fremont, Hayward, HECM, HECM for purchase, HECM Saver, HELOC, Home Equity, home equity loan, Home prices, Home sales, Homeowners, Lafayette, Marty Appel, MartyAppel.com, Oakland, Oakland Reverse Mortgage, Orinda, Retirement Funding Solutions, Reverse Mortgage, Reverse Mortgage and tagged, reverse now instead of later, Richmond, San Francisco, San Francisco County, San Leandro, San Lorenzo, San Mateo County, San Ramon, Seniors, Walnut Creek
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Transitions – All For the Better
I have just recently moved to another company – Retirement Funding Solutions (RFS). Retirement Funding Solutions was created to address and solve one of the most significant challenges facing the Baby Boomer Generation today … Being Financially Prepared for Your … Continue reading
Posted in HECM, HECM Loan, Home Equity, Home Equity Conversion MOrtgage, pros and cons of reverse mortgages, Reverse Mortgage, Wealth Management
Tagged Alameda, Baby Boomer Generation, Castro Valley, Danville, Fremont, Funding Solutions, HECM, HECM for purchase, Home Equity, Lafayette, Oakland Reverse Mortgage, Orinda, Retirement, Retirement Funding Solutions, Reverse Mortgage, San Leandro, Walnut Creek
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Oakland Resident Keeps her Home with a Reverse Mortgage
It all started with a phone call from Patricia. She had a client in Oakland that the bank could not help. Her debt was too much and her income was too low. Patricia told Ella that I may be able … Continue reading
Posted in HECM, Home Equity, Home Equity Conversion MOrtgage, Reverse Mortgage, Wealth Management
Tagged HECM HECM for purchase Home Equity Homeowners Home prices Home sales Marty Appel Oakland Reverse Mortgage Real Estate prices Reverse Mortgage Security 1 Lending Walter Investment, Oakland, Oakland Reverse Mortgage
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WOW!!! A NO COST LOAN
Security 1 Lending announced a no cost reverse mortgage this week. Finally we have a product that Financial Planners and Estate Planners will love. This product is ideal for the Standby Reverse Mortgage that homeowners can use in their Wealth … Continue reading
Posted in HECM, Home Equity, Home Equity Conversion MOrtgage, Reverse Mortgage, Wealth Management
Tagged Alameda, Alameda County, Berkeley, Berkeley reverse now instead of later, Castro Valley, Concord, Contra Costa County, creditline, Dublin, economy, ElCerrito, equity line, FHA, Fremont, Hayward, HECM, HECM for purchase, HELOC, Home Equity, home equity loan, Home prices, Home sales, Homeowners, Lafayette, Marty Appel, MartyAppel.com, Oakland, Oakland Reverse Mortgage, Orinda, Reverse Mortgage, Richmond, San Francisco, San Francisco County, San Leandro, San Lorenzo, San Mateo, San Ramon, Security 1 Lending, Seniors, Walnut Creek, Walter Investment
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A Helping Hand for Older Homeowners 