There are many people that work full-time jobs but are still living on the cusp of poverty. It is hard for them to look at the big picture and start planning for something ten or twenty years in the future when there are bills to pay now. Even households that do make...
Financial Services
3 Benefits of an HECM
Reverse mortgages are a popular form of lending that helps people purchase homes and benefit from the equity they’ve built. One type of reverse mortgage is a home equity conversion mortgage or HECM. If you have equity in your current home and wish to use that to buy a...
How Estate Planning Must Be Addressed as Part of Personal Accounting in Manhattan, NY
When most people think of personal Accounting in Manhattan NY, they focus on the day-to-day management of income. In fact, there is more to personal accounting than making sure there is enough money to pay the bills this month. The right approach to accounting...
What’s a Reverse Mortgage?
Reverse mortgages are very specific kinds of loans for homeowners age 62 and up who either own their houses or can easily pay their primary mortgage off, either who have savings or the assistance of a reverse mortgage. Reverse mortgages tap–and slowly drain–the equity...
Am I Eligible for HECM Loan in Mahwah, New Jersey?
An HECM loan in Mahwah, New Jersey is attractive because it allows you to access equity on your property while still holding ownership. The package is only available to seniors, but there are conditions to be fulfilled. How eligible are you for this loan and how much...