For many people, owning a home is a stable way to manage their money. When your net worth is tied up in your home, it can also feel limiting. Once you reach the age of 62, you have an additional tool at your disposal to manage your money in a different way. HECM loan reverse… Read more »
Author: FHL Texas
HECM For Purchasing A Second Home
If you have heard about reverse mortgages, you might be more familiar with their ability to help boost a retirement account, but there are other advantages to this kind of loan. Reverse mortgages help you to convert the home equity in your current home into cash that you can use for a variety of purposes,… Read more »
Things To Do In Dallas This Weekend
If you are like us, you are ready for the weekend to start. There are just so many family-friendly and free events going on in the Metroplex, and even with it being a little colder than in the past few weeks, we are excited to get back to normal fun after the holidays. From an… Read more »
A More Flexible Retirement With Home Equity Conversion
If you are like many, much of your net worth is tied up in your home. While this can be a safe place keep your money, and you love your house, you might want to use some of this capital to supplement your retirement income. HECM loan reverse mortgages help you to convert your existing… Read more »
Myths Surrounding Reverse Mortgages
As more and more seniors turn to HECM loans to have more control over their retirement accounts, there has been more discussion about them in the broader public. This also means that there are more misconceptions about them, and some of these can be difficult to dispel. In order to make the decision that is… Read more »
Thinking About A Second Home? Learn More About Reverse Mortgages
Once you reach the age of 62, you have an additional tool in your financial toolbox. This is called a HECM loan, which is a federally insured form of reverse mortgage, and it brings new possibilities to your portfolio. One way that seniors are taking advantage of this type of loan is in the purchase… Read more »
HECM Loans: A More Flexible Retirement
Many seniors have a significant portion of their net worth tied up in their home. While there are definitely advantages to this approach, it also means that you cannot move your money around as easily as with other investments. If you have reached the age of 62, however, you have another tool at your disposal… Read more »
Use Your Home Equity How You’d Like With A Reverse Mortgage
If you are like many retired families, a large portion of your net worth is tied up in your home. While there are benefits to having a stable place to keep your money, this can limit you when you make decisions regarding your investments. When you reach the age of 62, there is a way… Read more »
Things To Do This Weekend In Dallas
Looking for something fun to do this weekend in the Metroplex? As the weather starts to cool off just a little bit, this is sure to be an active weekend. And after the heat of this summer, we cannot blame anyone for wanting to get out and have a little fun. Luckily, there are a… Read more »
A Reverse Mortgage Helps You Have More Control Of Your Money
If you are like many seniors, then a big part of your net worth is tied up in real estate. Unfortunately, for most people, this real estate is their home! When you want to have more control of your finances, talk to a team of trusted financial advisors about whether a reverse mortgage is right… Read more »