During most of our lifetimes, we will either be a caregiver for a parent or elderly relative, or we will need someone to care for us when that time comes. Sacrifices made by caregivers are manifold: personal money spent, time away from family and/or work, lost wages, etc. This can add up to a lot...Read More
There’s good news for Alabamians who may be interested in a reverse mortgage. FHA is continuing the $625,500 ceiling on home values for reverse mortgage purposes. The limit for Alabama homes was $200,00 just seven years ago. This $625,500 is a nation-wide amount, which favors Alabamian reverse mortgage prospects. In high value property states (such as...Read More
