Mark Eshelman MLO # 913042 Reverse Mortgages

02/02/2023

From managing the work-home balance to caring for family members and aging parents, today's Gen Xers have a lot on their plate. If monthly bills and healthcare costs are becoming a struggle for aging parents, leveraging their home equity with a reverse mortgage could be a smart solution.

But what does that mean in terms of inheritance? Learn more in the article below.

A reverse mortgage enables your parents to tap into their home equity, but what does it mean to your inheritance?

01/31/2023

"What can I expect my healthcare expenses to be in retirement?" "How much of my care will be covered by Medicare?" "Will my health insurance rates ever stop increasing?" "How will I fund advanced or long-term care if required?"

If you’ve ever asked yourself any of these questions, you’re in good company. Properly preparing for healthcare expenses in retirement starts with an understanding of the potential costs and financial responsibilities that lay ahead. Learn more in the article below.

Properly prepare for healthcare expenses in retirement and stay alert to the potential costs and financial responsibilities that lay ahead.

01/26/2023

A new year means a new lending limit! The Federal Housing Administration (FHA) recently announced that the national lending limit for the HECM Reverse Mortgage Program has increased from $970,800 to $1,089,300 – effective January 1, 2023.

This latest increase is one of the biggest ever in the history of the FHA program – and the first time that the lending limit has soared over $1 million.

So why is this great news for those considering a reverse mortgage? Learn more in our article.

The Federal Housing Administration (FHA) recently announced that the national lending limit for the HECM Reverse Mortgage Program has increased to $1,089,300.

01/10/2018

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