By EILEEN ALT POWELL, Associated Press
NEW YORK — It’s no secret that baby boomers have not been very diligent about saving for retirement, but that does not mean they don’t have assets. Many live in homes that have appreciated greatly in value in recent years as real estate prices have soared.
Some financial experts believe that’s [...]
Additional education material regarding options that can be associated with a Reverse Mortgage.
Financing Long-Term Care for the Elderly.
Congressional Budget Office, 2004.
www.cbo.gov
Medicaid in 2005.
National Governors Association.
www.nga.org/cda/files/0502MEDICAID.pdf
Understanding Medicaid Home and Community Services.
Department of Health and Human Services, 2000.
http://aspe.hhs.gov/daltcp/reports/primer.pdf
Call 1-888-973-8377 if you have any additional questions or if you need education material.
Plan would allow greater equity access to seniors
The U.S. House of Representatives is considering legislation that would change the federal reverse mortgage program, including a plan that would allow older homeowners to access greater amounts of equity from their homes, a reverse mortgage lenders’ group said Friday.
The Expanding American Homeownership Act of 2006 (H.R. 5121) [...]
Plan would allow greater equity access to seniors
The U.S. House of Representatives is considering legislation that would change the federal reverse mortgage program, including a plan that would allow older homeowners to access greater amounts of equity from their homes, a reverse mortgage lenders’ group said Friday.
The Expanding American Homeownership Act of 2006 (H.R. 5121) [...]
