We owe you an apology. We didn’t realize how many of you relied on our short resource guides until we took them off the market. The response was clear… and I don’t like disappointing friends. So, we made the decision to bring back the Reverse Mortgages Made Simple series, updated, refreshed, and rebranded. That includes […]
We’re fully stocked with the updated 2026 editions, reflecting the latest industry changes, regulations, and guidelines. These books are updated annually, so ordering early means you’ll get a full year of value without worrying about outdated inventory. Understanding Reverse is the plain-English guide to reverse mortgages. It cuts through myths, explains built-in consumer protections, and […]
Black Friday Sale on Reverse Mortgage Resources If you know me, you know this: I personally despise shopping. Holiday sales are not in my blood, and I’ve never been the type to blast inboxes or post flashy discount banners. Most years, I simply upload a few “value packages” to the site, quietly let them sit […]
Your Reverse Mortgage Resources for 2025 I know this announcement is a little late. But we are now fully stocked with updated 2025 editions of all five books we offer. Each new edition incorporates all the latest industry changes, regulations, and guidelines to ensure you have the most current information at your fingertips. Understanding Reverse […]
Are HECM Rates Higher Than Traditional Rates? Home Equity Conversion Mortgages (HECMs) are the only federally insured reverse mortgages in the U.S. One reason for their popularity is that the mortgage terms are what most would consider advantageous, or at least reasonable. It’s hard to say what is reasonable at a time when revolving credit […]
What is a Total Annual Loan Cost (TALC)? The TALC is a reverse mortgage disclosure that not only satisfies federal Truth in Lending Act (TILA) requirements, but it also tells a powerful reverse mortgage story. It demonstrates that the longer the borrower lives in the home, the lower the annual cost of a reverse mortgage […]
What is a “HECM DEBT CONSOLIDATION?” For homeowners age 62 and older, the federally insured Home Equity Conversion Mortgage (HECM) is the most common reverse mortgage product. Over the last 15 years, the HECM has undergone significant changes, becoming a popular tool for retirees seeking assistance with cash flow, liquidity, tax planning, and even enhancing […]
Retired couple finds financial freedom “If I’m able to pay off your existing mortgage and eliminate your required monthly principal and interest debt payments, what would you do with an additional $3,000 each month?” A mortgage professional recently posed this question to their retired client. Sure, traditional debt consolidation can provide you with more cash […]
Understanding Reverse has been updated for 2024 and is now available on Amazon and discounted through the Understanding Reverse store. We apologize for the delay, but updating this 10th edition had many challenges. You may notice some changes First, you’ll notice the cover has changed. Not only has the LOGO been simplified for branding purposes, […]
Why is a HECM superior to a HELOC? Older homeowners often look to a traditional Home Equity Line of Credit (HELOC) to pay for unexpected expenses. If the homeowner has good income and credit, a HELOC should be easy to obtain from a local bank or credit union. For younger homeowners looking for short-term financing, […]
Navigating Reverse – Now available in bulk While single copies have been available at Amazon.com, we have now stocked the same copies on our STORE for bulk orders (10 or more) at discounted prices. The pitfalls that current borrowers, surviving spouses, and heirs may encounter have never before been the subject of a book. And […]
Dan Hultquist The federally insured reverse mortgage, known as a Home Equity Conversion Mortgage (HECM), allows the homeowner to retain ownership of the home through the life of the loan. Then, after the last borrower’s death, the heirs can sell the home and recover the equity – the difference between the value of the home […]
The federally insured reverse mortgage, known as a Home Equity Conversion Mortgage (HECM), is a unique and powerful financial planning product. It is structured so that the maximum borrowing power increases as the borrower ages, regardless of the underlying value of the property. However, that feature and the functions that make it happen are often […]
For compliance and legal reasons, there are many topics and phrases we should avoid when discussing reverse mortgages with a homeowner. The following is a list of such deceptive talking points: Don’t tell them, “The reverse mortgage is tax-free cash” While you may see ads that use this phrase, the CFPB considers this deceptive because […]
RapidReverse® has always offered a simple answer to a complex problem. It was designed to provide reverse mortgage professionals with 100% accurate principal limits for the federally insured Home Equity Conversion Mortgage (HECM). And RapidReverse can do that, and more, in 10 seconds or less. However, it has relied on each user knowing current Expected […]
