Tag Archives: Castro Valley

Textbook Case of HELOC Reset; HECM is the White Hat

Posted on September 21, 2015 by Marty Appel

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 →

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Transitions – All For the Better

Posted on September 14, 2015 by Marty Appel

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 , , , , , , , , , , , , , , , , | Leave a comment

WOW!!! A NO COST LOAN

Posted on December 6, 2014 by Marty Appel

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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

If you work with older homeowners who need money to live day to day now is the time to ACT.  FHA is reducing the Reverse Mortgage Benefit for homeowners.  That change is taking effect on September 28.  Read this article … Continue reading →

Posted on September 16, 2013 by Marty Appel | Leave a comment

Reverse Mortgage Benefits are Shrinking Again

Posted on September 8, 2013 by Marty Appel

Well, we have seen it before and it is happening again as HUD notifies us that they are going to be limiting the amount older homeowners can receive from the equity in their homes.  The following article appeared in the … Continue reading →

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A Reverse Mortgage Can Offer Something for All Retirees

Posted on August 19, 2013 by Marty Appel

http://reversemortgagedaily.com/2013/08/18/wall-street-journal-reverse-mortgages-can-help-a-wide-array-of-retirees/  John Salter and Harold Evensky of Texas Tech prepared some academic research positioning the HECM Saver loan as a safeguard against losses across other investments.  Read about it in the Wall Street Journal article published last Friday August 16th.

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From Dependency to Independence

Posted on July 21, 2013 by Marty Appel

I have been working with a client for about two and a half months now.  She was referred to me by a personal banker.  Rosa I will call her, had gone to the bank to see if she could refinance … Continue reading →

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Seniors’ #1 Fear “Outliving Their Savings”

Posted on June 23, 2013 by Marty Appel

I am spending  a lot of time today meeting with Financial Planners discussing a very timely topic: Seniors concern about outliving their savings. The American C.E. Institute, LLC. and Security One Lending, in cooperation with Barry H. Sacks,J.D., Ph.D., present a timely discussion on … Continue reading →

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