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Date : 2009-04-07
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Financial Advisor Reverse Mortgages are ‘Overhyped ~ Reverse mortgages are an “overhyped” financial tool and can sometimes lead to an either unintended or even detrimental impact on a client’s finances according to an article authored by a Certified Financial Planner CFP In an effort to compile a list of financial strategies for clients that are “overhyped” – defined in this instance as …
Reverse Mortgages What Advisors Should Know Bank ~ If you think that reverse mortgages are only for cashstrapped retirees without any other financial options think again The features of reverse mortgage loans have been evolving over the years and a growing body of research suggests that these loans can help older adults manage a dependable stream on income during their retirement years
What Financial Advisors Need to Know About Reverse Mortgages ~ At One Reverse Mortgage we like to provide information to our clients and also financial advisors There is a lot to know about the reverse mortgage and we are here to help So if you are financial advisor or even someone interested in a reverse mortgage here is some basic information to know about reverse mortgages
How to Educate Financial Advisors About the New Reverse ~ For the last several years there has been a major industrywide push to spread awareness among the financial advisor community about how reverse mortgages can be a powerful tool in retirement planning But recent changes to the product that lower principal limits and change mortgage premiums have some worried that the HECM has lost its …
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Why Some Financial Advisors Don’t Recommend Reverse Mortgages ~ I believe that most of the financial advisors who do refer their clients to me agree with Alkhamis when he says “I will always talk to clients about reverse mortgages because I am a fiduciary and a financial advisor If I know of a product that helps my clients have a better retirement I will talk to my clients about it
7 Ways to Use a Reverse Mortgage as a Financial Planning Tool ~ But today many seniors are finding that even if they don’t particularly need to fulfill a cash need they can take advantage of a reverse mortgage as a tool to use strategically in retirement planning Here are 7 ways a reverse mortgage may be used as a financial planning tool 1 You can delay Social Security and pension payouts
Reverse Mortgage Loan Glossary Key Terms You Must Know ~ Reverse Mortgage Loan Glossary Key Terms You Must Know Whether you’re getting started with a reverse mortgage loan or are just conducting your research there may be a lot of terms that come up that can be a bit overwhelming
Reverse Mortgage Reviews Why Rants Have Become Raves ~ Financial advisors are having success using reverse mortgages as part of a retiree’s retirement income planning strategy hence the attention from distinguished experts such as Pfau and others of his ilk Reverse mortgages were once considered to be a loan for people who were at the end of their financial rope
Reverse Mortgages What Every Financial Advisor Should ~ The author is not trying to sell Reverse mortgages just informing financial advisors about different uses of the product This book should be required reading for all financial planners and Reverse mortgage originators As a Reverse mortgage originator myself I agree that the product is not right for every senior
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