Reverse Mortgage

If you are like many seniors you may wake up feeling financially stressed. Concern about having enough money, worry about a lingering home repair, or frustration with credit card or real estate tax payments can be a burden. Even worse is the fear of not having enough money if something should happen in the future.

By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director 781-724-6221/av@hhcp.org As Managing Director of the self-funded nonprofit charitable mortgage company, Helping Hands Community Partners, our...

By Alain Valles, CRMP, MBA, CSA A Home Equity Conversion Mortgage (HECM) – often called a reverse mortgage - is a federally insured loan program that...

A tough choice for senior homeowners By Alain Valles, CRMP Should you stay in your own home? Or would you be better off financially to sell...

By Alain Valles, CRMP, MBA, CSA, Managing Director, Helping Hands Community Partners, Inc. “If you give it out in slices it comes back in loaves.” As...

By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director The doctor visit Universal advice is to have a physical exam. This gives you the opportunity...

By Alain Valles, CRMP, MBA, CSA Is 62 the best time to start receiving Social Security? According to the Social Security Administration, you may start receiving...

By Alain Valles Two recent nationwide studies have concluded that that a large percentage of Americans are not financially prepared for retirement, and will not...

By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Charitable Managing Director We’ve all heard the words “Reverse Mortgage” but so few have had the opportunity...

By Alain Valles The rules covering reverse mortgages changed Nov. 10, 2014. But there is still time to be grandfathered and get a reverse mortgage...