Chis Home Loans

07/20/2023

Baby Boomers, Reverse Mortgages and Retirement Cash Flow

05/22/2023

Reverse Mortgage Simplified

05/15/2023

https://www.chishomeloans.com/hecm-vs-heloc-what-are-the-advantages

HELOC vs HECM

HousingWire recently spoke with Adrian Prieto, SVP of wholesale and third-party relationships at Longbridge Financial, about the advantages of HECMs and how they better serve homeowners aged 62 and older. 

05/02/2023

Where do you fit in retirement?

The average 65-year-old has a monthly pre-tax income of $4,611 and spends about $4,345, not a lot of wiggle room for any unexpected expenses. The average retirement savings is about $200k and needs to be budgeted accordingly to last for both planned and unplanned retirement needs and wants.

01/23/2023

https://www.chishomeloans.com/is-paying-off-your-mortgage-the-best-option

The value of an educated, trusted inner circle who understands the full desired retirement picture can significantly increase the chances of a peaceful, exciting and rewarding golden years.

01/04/2023

https://www.chishomeloans.com/lock-in-debt-as-a-fixed-cost

CEO of TIAA Thasunda Brown Duckett, who oversees some $1.2 trillion of retirement assets for healthcare systems, colleges and nonprofits points out “…there’s a $4 trillion retirement-income gap. That means 40% of Americans run the risk of running out of money in retirement.”

12/19/2022

https://www.chishomeloans.com/age-in-place

This is not a commitment to lend or extend credit. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. Consult your accountant about tax deductions.

12/16/2022

https://www.chishomeloans.com/want-to-learn-about-reverse-mortgage

Wade D Pfau’s book, “Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement (The Retirement Researcher Guide Series)” is an eye opening read about not only teaching how reverse mortgages work but also how a reverse mortgage may be used as an important financial tool to secur...