Access Equity with No Additional Monthly Mortgage Payments Required* HomeSafe Second is a new fixed-rate reverse loan that allows you to tap into your home equity via a second mortgage. There is no additional monthly payment requirement and no change to the
Read More
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,
Read More
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,
Read More
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,
Read More
In 2020, the COVID-19 pandemic brought significant changes to the real estate market, including changes in the requirements for conventional mortgages for condos. Before the pandemic, the requirements were relatively relaxed, but after 2020, lenders began to tighten their standards to reduce
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More