Retirement Mortgage Specialist Lona Craig NMLS 1810488

03/11/2023

What a great day, the snow was excellent!!! Even with the wind😜

01/26/2023

Would having access to your home equity help you live more comfortably? Title stays in your name, optional mortgage payments, and it's a non-recourse loan.

Don't know what that means, let me explain how it protects you and your heirs. Let's have a 2020 conversation about a HECM, Home Equity Conversion Mortgage, and how HUD has put in safeguards to protect borrowers 62 and older. You can also do a new purchase with this loan! You still need to pay your property taxes and Homeowners insurance just like a forward mortgage.

01/18/2023

It’s not all about work.

Take a moment to let your mind rest from checking off the “to do” list.

❤️ Someone you care about is missing you, someone else needs help with a task, and you deserve it!

01/14/2023

You have to see them 😍 in person!

Experience the best in modern living at Mountain Meadows with kitchens featuring stainless steel appliances, granite countertops, and vaulted ceilings.

carterhillhomes.com

01/13/2023

01/09/2023

Financial needs are sure to be top of mind, as both parties will need a means to support their own individual lifestyles throughout a potentially lengthy retirement period. For homeowners 62 and older, a reverse mortgage could help as part of a divorce settlement.

A reverse mortgage in a divorce makes it easier to divide assets and prevents having to deal with common mortgage issues.

12/20/2022

The lending limit for the Home Equity Conversion Mortgage (HECM) is rising to more than a million dollars in 2023! HECM loans are insured by the Federal Housing Administration (FHA) and can help increase cash flow in retirement.
Here's what you need to know about a HECM.

https://fairwayreverse.com/blog/what-is-hecm-loan-pros-cons/?NMLS=1810488