How to Apply for a 62+ Loan
The 62+ Loan™ is a home equity conversion mortgage (HECM) that gives active adult homeowners an opportunity to eliminate their traditional mortgage payments in exchange for monthly cash flow, which can facilitate financial flexibility and a more active retirement lifestyle.
Can You Refinance Into The 62+ Loan™?
Active adult homeowners know the importance of finding the right mortgage that fits their needs, budget, and lifestyle. But for active adults and retirees who seek more financial freedom, economic security, and peace of mind, there might be a better option than a traditional mortgage: The 62+ Loan™.
11 Easy Yet Rewarding Part-Time Jobs for Retirees
Retirement looks much different than it did in the past. If you've been thinking about picking up a part-time job, here are some benefits of working during retirement along with tips on finding part-time employment. Keep reading to learn more about employment for seniors who want to work part-time.
5 Myths About Social Security
Although misinformation can easily spread about the ins and outs of Social Security benefits, it's important to separate fact from fiction so active adults can feel empowered to plan their retirement finances. We found and dispelled five common myths about Social Security to reveal some major truths about the system.
How to Get a Home Loan in Retirement
Contrary to what you think, that dream home may not be out of your reach. Although retirees may no longer have paychecks coming in, they can still qualify for home mortgage loans. Lenders are open to providing loans for people enjoying the best years of their lives.
Cost of Living Influences Retirement Location
Cost of living is one of the most important factors to consider when it comes to relocating, but it's often overlooked. Fortunately, there are many tools and guides available online to help you compare a possible destination to your current location before making the decision to move.
Why California Taxes Really Aren't That Bad
When it comes to perceptions about tax rates, California gets a bad wrap. While many active adults are drawn to the Golden State for its idyllic weather, diverse entertainment options, and proximity to the beach, mountains, lakes, and other natural wonders, others are put off by what they believe to be high tax burdens.
Interest Rate vs. APR (And Answers to Other Mortgage Questions)
The mortgage process is pretty complicated. Even if you've gone through it before, it's easy to get tripped up with all the steps, documentation, and financial jargon of it all. Are you planning on applying for a mortgage soon? Before diving straight in, here are some answers to commonly asked mortgage questions.
The Cost of a Home Warranty: Is It Right for You?
Buying a home is a very substantial investment, and home warranties are increasing in popularity as a means of giving homeowners peace of mind. Warranties can protect homebuyers against unforeseen problems or defects in many of the home's major systems and appliances.
How to Cope With a Forced Retirement
Regardless of the reason behind it, early retirement can be difficult to deal with. Not only are there the mental and emotional holes it leaves behind, but there's also significant financial stress that comes with it. Are you facing forced retirement? Not sure how to deal with all that comes with it? This guide can help.