You’ve been through the process of getting a loan for a new home before. Now it is time to get a reverse mortgage, and you need to know just how to go about it, right? Nordic Home Loans has helped so many happy owners stay in the homes they love. We know just how to …
In our September Blog we dispelled the myths around today’s reverse mortgage, explaining how they have changed over the years and how they serve the borrowers that use them. Yet some of readers might still be wondering if this is the right path for their unique situation. Let’s look closer and identify the ideal individuals …
Reverse mortgages of the past were a very different animal from today’s home equity conversion mortgages. And while many people still use the same term to describe these different loans, it’s a bit like calling both a cougar and a tabby “cats,” one is definitely friendlier than the other. So let’s dig into what are …
A reverse mortgage can be a beneficial financial tool, but only if it’s used wisely. Reverse mortgages can get a bad reputation because all too often people go into it as a short term solution without a strategy and get themselves in trouble. That’s why it’s important to have sound guidance from your financial planners …
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