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Monday, October 18, 2021

Know the true cost when making a decision

By Alain Valles With recent improvements made by the federal government to the reverse mortgage program, the cost of most reverse mortgages have dropped by...

Wake up your lazy asset with new lending option

By Alain Valles If you are like most people your two largest retirement assets are your investment savings and your home. However, due to its...

Reverse mortgage rules are changing

By Alain Valles, CRMP, CSA, MBA For the past 25 years reverse mortgages have allowed hundreds of thousands of homeowners 62 years old or older...

Reverse mortgages: financial protection

By Alain Valles, MBA, CRMP, CSA Hopefully your life has been rewarding and pleasurable. But we all have experienced, or will someday face, life's unexpected...

Should I stay or should I move?

Real estate values continue to increase but so do major living expenses. Does it make more sense to downsize or figure out a plan to remain financially independent at home?  It reminds me of the old Clash song - “Should I stay or should I go?”

Are reverse mortgages a scam?

By Alain Valles, MBA, CRMP, CSA Home Equity Conversion Mortgages (HECM), more commonly known as reverse mortgages, were authorized by President Ronald Reagan in 1987 and...
Alain Valles is an expert on reverse mortgages.

Can a reverse mortgage solve the world’s problems?

Things that keep us up at night The ramifications on the world economy of Britain leaving the European Union, increasing tensions between China and Russia, a contentious Presidential election, terrorism, the ongoing Middle East crisis, and the global warming debate. All are examples of events that we have little control over but are causing tremendous concerns.

What types of people get a reverse mortgage?

By Alain Valles, CRMP, President- Direct Finance Corp. Let's play a little game. The next time you attend a high school class reunion, visit your...
Alain Valles is an expert on reverse mortgages.

How are you doing? – A reverse mortgage may allow you to do better

  By Alain Valles, CSA, MS, MBA, Powerhouse Funding Corp. When asked “How are you doing?” do you answer truthfully? I hope you are doing fine health-wise,...

There’s no need to be afraid of a reverse mortgage

By Alain Valles You’ve heard bits and pieces about reverse mortgages. Perhaps you have read an article, or had a friend suggest that you get...