Net Equity Financial, Inc

08/25/2015

"As the national housing market continues to recover from the worst financial crisis in recent history, some cities are standing out as the 'healthiest' markets for home equity, a recent analysis suggests." http://reversemortgagedaily.com/2015/07/30/the-healthiest-housing-markets-for-home-equity/ -24768

As the national housing market continues to recover from the worst financial crisis in recent history, some cities are standing out as the healthiest markets for home equity, a recent analysis suggests. In determining the healthiest housing markets in the U.S.

08/20/2015

If you are considering taking out a reverse mortgage home loan, consider these 3 types. http://www.huffingtonpost.com/michael-lazar/there-are-actually-3-types-of-reverse-mortgages_b_7976494.html

If you are considering taking out a reverse mortgage home loan, there are three different types to consider. We'll give you the details so you can better decide which one is right for you.

08/18/2015

Discussing the reverse mortgage application process and its new requirements brought on by the Financial Assessment is helping lenders develop trust with prospective borrowers. http://reversemortgagedaily.com/2015/07/29/new-reverse-mortgage-rules-are-a-breath-of-fresh-air-for-small-shop-players/

Three months have passed since implementation of the Financial Assessment, and many industry members are keeping a close watch on reverse mortgage volume to assess the new rule’s impact.

08/13/2015

Mortgage applications for new home purchases rose in June, which was driven by a continued recovery in home prices. http://reversemortgagedaily.com/2015/07/27/june-sees-uptick-in-mortgages-for-new-homes/

Mortgage applications for new home purchases rose slightly in June compared to the previous month, driven by a continued recovery in home prices, according to the Mortgage Bankers Association (MBA).

08/11/2015

Adult children who inherit a reverse mortgage loan should know that communication with the servicing company is critical in order to prevent foreclosure proceedings. http://www.mortgagedaily.com/consumers/TnsReverse070615.asp

08/06/2015

If you’re unsure about whether a reverse mortgage is right for you, consider these 5 components that you should discuss with a lender. http://www.netequitymtg.com/2015/07/24/5-factors-to-discuss-with-a-lender-when-shopping-for-a-reverse-mortgage/

The reverse mortgage loan officers at Net Equity Financial offer five tips potential borrowers should keep in mind when shopping for a reverse mortgage.

08/04/2015

While it's uncommon to hear of celebrities taking out a reverse mortgage, they do appear in Hollywood. The parents of celebrities pursue this route to take their financial burden off of their children. http://reversemortgagedaily.com/2015/06/22/hollywoods-take-on-reverse-mortgages-help-mom-dad-maintain-independence/

“Celebrities and reverse mortgages don’t often appear in the same sentence — unless of course it’s in reference to American Advisors Group’s spokesman former Senator Fred Thompson.

07/30/2015

June’s progress in reverse mortgage loan volume was driven by growth across the country, and was the industry’s highest level since August 2013. http://www.netequitymtg.com/2015/07/10/four-month-reverse-mortgage-volume-decline-snapped-in-june/

The reverse mortgage loan officers at Net Equity Financial explain the recent trends in home equity conversion mortgage (HECM) loan increases throughout the country.

07/28/2015

"Tiny houses," a new housing craze, are proving to be the preferred option for families that have aging loved ones who want to keep them living independently nearby. http://reversemortgagedaily.com/2015/07/15/will-tiny-homes-become-the-next-retirement-trend/

A variety of TV networks have showcased the tiny house movement as a less is more alternative to traditional housing, and this design is also catching on among older homeowners looking for minimal maintenance living.

07/23/2015

"Though no stranger to rolling with the punches, the reverse mortgage industry may finally find a lasting impact in the most recent round of changes—and in more ways than one." http://reversemortgagedaily.com/2015/07/12/where-does-the-reverse-mortgage-industry-go-from-here/

In recent months, the Home Equity Conversion Mortgage (HECM) program has seen the arrival of the Financial Assessment and new policy updates regarding non-borrowing spouses of reverse mortgage borrowers.

07/21/2015

Before you call it quits with your career, be sure you’re emotionally and financially ready to retire. http://www.forbes.com/sites/nextavenue/2015/07/13/the-5-questions-to-answer-before-you-pull-the-retirement-trigger/

They'll help you see if you're emotionally and financially ready.

07/16/2015

According to a recent study, 8 out of 10 people say they plan to work past age 65 or don’t plan to retire at all. http://reversemortgagedaily.com/2015/07/01/more-than-80-of-60-somethings-plan-to-work-in-retirement/

As Americans shift their expectations around retirement, they’re planning to maintain some income well into their later years—because they have to. A full 8 in 10 people say they plan to work past age 65, or don’t plan to retire at all, according to a recent study conducted by Transamerica.