The Colorado Mortgage Doctor wants you to know how a reverse mortgage can help increase your retirement income. To find out how to increase your income by 30%, call The Mortgage Doctor today! (719) 266-5500 Published in The Wall Street Journal | March 6, 2015 Taking out a reverse mortgage could help increase retirees’s annual […]
Bankrate: Can you use a Colorado reverse mortgage to buy a home?
Over the years, celebrities such as Robert Wagner, Alex Trebek and Fred Thompson have touted reverse mortgages as a way to supplement a senior’s fixed income by tapping equity that has accrued in their home. But here’s another, less common use of reverse mortgages that these celebrities may not have mentioned in their commercials: buying […]
Retirement Stats, July 2014
You mortgage is a big part of your retirement plan. If you want to buy a home, refinance, or get a reverse mortgage, call Steve, The Mortgage Doctor. He’ll help you figure out the best way to make sure your’e in the 50% of Americans who have a retirement plan. Call today! He’ll talk to […]
New Reverse Mortgage Rule Could Prevent Foreclosure
Published by Blackenterprise.com | June 30, 2014 | Written by Sheiresa Ngo Updated guidelines allow borrower’s spouses to avoid homelessness The unthinkable happens to many widows and widowers who take out a reverse mortgage while their spouses are still alive. After the borrowing spouse dies, the non-borrowing spouse ends up receiving a foreclosure notice, even though they’re up-to-date on all […]
WSJ: Reverse Mortgages Can Benefit Retirees, Both Wealthy and Not
Published on WSJ.com | August 16, 2013 | Written by Kelly Greene Move Can Help Retirees Keep Investments Until Right Time to Sell Reverse mortgages aren’t just for people struggling to keep their homes anymore. The loans also can work for well-heeled retirees looking for a buffer to keep them from selling investments at the wrong […]
Reverse Mortgages: I Outlived my Retirement Plan
In NRMLA’s July-August 2013 Reverse Mortgages, Marty Bell tells the story of Larry and Helen, who outlived their retirement plan. Larry and Helen took a responsible approach to planning their retirement. Both Larry’s older and younger brothers died prior to 50 and so Larry decided he was going to retire from his sales manager position […]
NRMLA: Aging in Place
See more: http://services.nrmlaonline.org/NRMLA_Documents/July-August13.pdf
What Really Happens to Your Reverse Mortgage After You Die?
The question people are always wondering about is: what happens to your home after you die if you have a reverse mortgage? The FHA has made this something you want to hear about! Watch this short video where Steve Haney, also known as The Mortgage Doctor of Colorado, answers this question completely. And if you […]