Reverse Mortgage 101

Reverse Mortgage 101

Reverse Mortgages have suffered from misconceptions for far too long. Tim Oddo would like to dispel a few of those myths today. What is a Reverse Mortgage? A HECM Reverse Mortgage is a federally regulated program for homeowners, aged 62 and older. It allows the equity...
Are You Home Equity Rich?

Are You Home Equity Rich?

Equity is the market value of your home minus what you owe. Denver home prices are shooting up , boosting overall home equity levels. Rising home prices have Denver homeowners sitting on potential cash. That’s good news for homeowners. And it’s another good reason to...