Author: FHL Texas

Financial Planning For 2022

Financial Planning

It has undoubtedly been a whirlwind of a year, and many of us are eagerly awaiting 2022. With that said, we are facing immense amounts of uncertainty, especially when it comes to finances. Because of this, it is important to take stock of your current financial situation and goals and see how you can meet… Read more »

Selling Your Home With A Reverse Mortgage

selling home with reverse mortgage

Selling a house is a big undertaking. It requires a lot of planning and patience, but for those that need it, it is well worth it in order to find a more appropriate home. For those who already have a reverse mortgage on their home, selling is quite a bit more complicated. In today’s blog,… Read more »

Selling Your Home With A Reverse Mortgage

selling home with reverse mortgage

Selling a house is a big undertaking. It requires a lot of planning and patience, but for those that need it, it is well worth it in order to find a more appropriate home. For those who already have a reverse mortgage on their home, selling is quite a bit more complicated. In today’s blog,… Read more »

The Pros And Cons Of Reverse Mortgages

reverse mortgage

Reverse mortgages can be very helpful for those who need to free up spendable funds during their retirement. They also have a bad reputation in the minds of many. Because of this, it is important to educate yourself as much as possible in order to sift through common myths in the pursuit of facts. Once… Read more »

Why Reverse Mortgages Have A Bad Reputation

Reverse mortgage

Although they can be exceedingly helpful tools, reverse mortgages have gotten a bad reputation over the years. While aspects of common criticisms are sometimes based on truth, many corrections have been made over recent years, and the vast majority of issues stem from miscommunications and poor optics. In today’s blog, Family Home Loan Texas discusses… Read more »

Refinancing Your Reverse Mortgage

Refinancing Reverse Mortgage

A reverse mortgage is an excellent way to free up funds by borrowing against the equity you have built up in your home. While it is a helpful tool and can allow you to cover large expenses, it is still a loan — one that you will eventually have to pay back with interest. Luckily,… Read more »

What To Know Before Getting A Reverse Mortgage

Reverse Mortgage

A reverse mortgage can be a fantastic way to free up money once you become 62 years old. For those who have close to full equity in their home, receiving one can alleviate lots of anxiety about finances. That said, before starting the process, you should educate yourself on everything that it entails. In today’s… Read more »

Use A Reverse Mortgage To Buy Your Next Home

Reverse Mortgage

In a previous blog post, we discussed the various ways you can use reverse mortgages to help fund your retirement. In today’s blog, Family Home Loan Texas goes more in-depth describing how this type of mortgage can specifically help you buy your next home. 

Am I Eligible For A Reverse Mortgage?

Reverse Mortgage Eligibility

Life has a way of throwing unexpected things at us. While we do our best to adapt and remain flexible, we sometimes need some extra help. This is especially true for those who have retired, as many are working with a fixed income. Luckily, for those who qualify, a reverse mortgage is a great way… Read more »

What Is A Reverse Mortgage?

Reverse Mortgage

You’ve probably heard the term “reverse mortgage” quite a bit, but you might not fully understand what it is and how you can benefit from it. Don’t fret, though, because we have you covered. In today’s blog, Family Home Loan Texas discusses everything you need to know about this helpful loan.