Monthly Archives: March 2014
Media reporting on reverse mortgages has long been plagued with inaccuracies. Fortunately for prospective Birmingham reverse mortgage borrowers, Stewart Welch understands FHA’s Home Equity Conversion Mortgage (HECM) program. Currently, over 99% of all reverse mortgages are HECMs and in the … Continue reading
Misperceptions about reverse mortgages are rampant and most date back to types of reverse mortgage loans that have not existed for over a decade. One of the most common errors made in media reports are that upon getting a reverse mortgage … Continue reading
Not everyone can afford a swimming pool – here is one senior homeowner’s solution.