Category Archives: Senior Finances
Ameriprise: Homeowner’s Insurance – Are you paying too much?
Making sure you have a solid homeowner’s insurance policy is key to securing one of your most important investments. But so is making sure you aren’t over paying for it, either.
One Reverse Mortgage’s parent company, Quicken Loans, has partnered with Ameriprise Auto & Home Insurance(*) who is offering One Reverse Mortgage’s clients the [...]
AP: World’s 65 and older population to triple by 2050
Working for One Reverse Mortgage I am constantly looking out for articles on aging and the like.
The article published by the Associated Press (AP) the other day brings to light something that everyone has known about, but just never really put into the context of historical relevance.
I think the most shocking for me to [...]
Philly.com – Reverse mortgages jump into high gear
Philly.com has published an online article about the growth in the Reverse Mortgage sector.
Stimulus Check to Seniors Arriving In May
Vice President Joe Biden announced that the $250 stimulus checks targetted for seniors who get Social Security or Supplemental Security Income, will be sent out in May, weeks ahead of schedule.
Vice President Joe Biden is in charge of overseeing the distribution of the $787 billion from the initial stimulus plan.
The $250 can be used for [...]
5 Misconceptions about Reverse Mortgages
There are many misconceptions about reverse mortgages out in society today. Most, if not all of them, are based on assumptions that just are just plainly false. We here at One Reverse Mortgage believe that educating people on the facts is the most important first step towards understanding if a Reverse Mortgage is right for [...]
Economic Stimulus Plan to Increase the Reverse Mortgage Lending Limit in 2009
The proposed Economic Recovery Bill from newly elected President Obama has a provision to set the HECM loan limit at a higher level than the current $417,000. As requested by NRMLA (“The National Reverse Mortgage Lenders Association”) and AARP.
SEC 12004 – FHA REVERSE MORTGAGE LOAN LIMITS FOR 2009 states “the second sentence of section 255(g) [...]
Top 5 Rental Communities
When my father retired in 2003, the first thing that he looked at was how he could augment his fixed income. He had spent 35+ years teaching in the Department of Defense Overseas School System, basically meaning that he spent a majority of his life outside of the United States. He was a California resident [...]