Reverse Mortgage is a strategic tool that allows adults 62 and over to increase their buying power for the purchase of their new dream home while eliminating required monthly mortgage payments. Move closer to family and loved ones Buy on the beach,
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Over several decades, reverse mortgages have gone through an evolution of policy and legislative changes that incorporate key protections for borrowers. Thanks to improved regulations and education and a changing financial landscape, these financial tools, once considered questionable by many financial advisors,
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The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible community workforce. The Florida Hometown Heroes Housing Program This program provides down payment and closing cost assistance to first-time, income-qualified homebuyers so they can purchase a primary residence in the community where
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As people age, it is common for families to consider generational housing, which involves multiple generations living together in the same household. However, financing generational housing can be challenging, as it often involves significant upfront costs and ongoing expenses. In this blog,
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Buying a home is a major decision that requires careful consideration. In 2023, the housing market may be in a different place now, so it’s important to evaluate your personal and financial situation before making a decision. In this blog, we’ll explore
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A first time home buyer is an individual who is purchasing their first home. Typically, this means that they have never owned a home before, or if they have, it was only for a short period of time. After 3 years of
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When heirs learn about a reverse mortgage after losing a loved one, they may not appreciate the many benefits their parents received. In addition, they may have some confusion about their responsibilities and what will happen with the loan next. This guide
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The Florida Hometown Heroes Housing Program through the Florida Housing Finance Corporation helps make homeownership more affordable for eligible front-line workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans. The program provides down payment
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When it comes to securing a mortgage, homeowners have two main options: working with a bank or working with a mortgage broker. While both options have their pros and cons, choosing a mortgage broker can provide numerous benefits that make them the
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