Just when your head feels like it’s about to explode from all of the research you’ve done on reverse mortgages for seniors, here’s something to lighten the moment…

Maalox and nose drops and needles for knitting
Walkers and handrails and new dental fittings
Bundles of magazines tied up in string
These are a few of my favorite things.
(more…)

Whether you’re looking for a reverse mortgage in Denver, CO. or elsewhere, this story is sure to touch your heart - Born in New Zealand in 1914, Kathleen’s high school goal was to help those soldiers with head injuries, from World War II, to speak again. She applied to attend nursing school in London and was told that she could get her training in London or the United States. She chose the United States. She moved in with a friend in New York and started her college training. Along the way she fell in love and was married. She completed her training when her husband was transferred to Colorado.
(more…)

Seniors should understand exactly what is a reverse mortgage. For many it can make the difference sacrificing quality of life or enjoying the “golden years.”

As seniors age, their incomes do not generally increase while their needs do. Their homes need repairs and, in some cases, accessibility improvements. Chronic illnesses require ongoing treatments. Prescription drugs can be expensive. Cars wear out and either need repairs or replacement. Seniors with declining mobility may need more assistance with daily tasks.

Seniors who cannot afford these growing expenses may have to sacrifice their quality of life, independence and even their health. They’re usually reluctant to turn to their family for help and home equity loans can be expensive and must be repaid — impacting their already tight cash flow situation. Studies by AARP have shown that seniors will often sacrifice considerable quality of life in order to remain in their homes for as long as possible. (more…)