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HECM for Purchase and seller concessions

HECM for Purchase and Seller Concessions

May 2, 2018 ericrittmeyer

I know you’ll be shocked to hear this, but todays post is not going to be a long one. You’re…

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Reverse mortgages require the property to meet FHA guidelines

When Repairs Are Required On A Reverse Mortgage Appraisal

April 19, 2018 ericrittmeyer

After the reverse mortgage counseling is completed and the application is signed, it’s time to order the FHA appraisal.  This…

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How to use the hecm for purchase to buy a new home

Understanding the HECM for Purchase Program

April 1, 2018 ericrittmeyer

First off, a little FHA “refresher.”  The HECM, or Home Equity Conversion Mortgage, is just FHA’s fancy name for the…

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Comparing a reverse mortgage line of credit to a conventional line of credit

Reverse Mortgage Line of Credit vs. Conventional Line of Credit

March 14, 2018 ericrittmeyer

We get the same question all the time…. “Why should I do a reverse mortgage line of credit instead of…

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Reverse mortgage approval requirements

Reverse Mortgage Qualification – A Quick Tutorial

March 7, 2018 ericrittmeyer

So you’ve researched the reverse mortgage for months.  You’ve got the support of your kids.  You’ve talked to allll your…

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Giving the best advice on a reverse mortgage

Use a Reverse Mortgage as a Last Resort….And Other Bad Advice

March 5, 2018 ericrittmeyer

I have what I think is a “very stupid” question….. Why do so many people think they should wait until…

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Making reverse mortgages great

Making Reverse Mortgages Great Again

February 23, 2018 ericrittmeyer

Welcome to blog post numero uno (number 1). Before I begin my mission of explaining why reverse mortgages are so…

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