What Can You Tell Me About Jumbo Loans?

What Can You Tell Me About Jumbo Loans?

With property values on the rise, this question is becoming more frequent. The question behind the question is why should one consider a “jumbo” over a “conforming” loan? The short answer is simply that some homeowners can buy more, or borrow more, with a jumbo loan....
13 Myths about Reverse Mortgages

13 Myths about Reverse Mortgages

Reverse mortgages have been federally-insured and regulated products for 30 years. Nevertheless, this mortgage loan is still misunderstood, and often viewed as something to avoid. Many of the misperceptions stem from unregulated products of the 1960’s and 1970’s. But...