Reverse mortgage could be a retirement ‘answer’

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Reverse mortgage could be a retirement ‘answer’ For those looking to create additional cash flow in retirement, a reverse mortgage could be the tool that helps accomplish that according to a financial planner in a new Forbes column For people who are running up against unanticipated financial difficulties in retirement, this is when it might […]

Financial Advisor Describes Creative Uses of a Reverse Mortgage

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Financial Advisor Describes Creative Uses of a Reverse Mortgage A reverse mortgage loan has the potential to provide numerous applications in retirement for a borrower at or over the age of 62 in the case of a Home Equity Conversion Mortgage (HECM). Considering the conversation that often tends to dominate perceptions of a reverse mortgage, […]

Down Payment & Closing Cost Assistance for Frontline workers

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Down Payment & Closing Cost Assistance for Frontline workers https://youtu.be/0YxcbMOVxFE Effective June 1st, the Florida Hometown Heroes Housing Program will be enacted to help combat the rising cost of living on frontline workers in our communities. This $100 million program is administered by the Florida Housing and Finance Corporation (Florida Housing). The program will make […]

What Can Reverse Mortgage Funds Be Used For?

What Can Reverse Mortgage Funds Be Used For? Sellers’ markets are a great environment for homeowners interested in reverse mortgages. In this type of market, home values are up and homeowners 62+ are able to tap into even more home equity. Also know as HECM (Home Equity Conversion Mortgage) loans, reverse mortgages are ideal for […]

What Real Estate Agents Want You to Consider

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In a competitive seller’s market, buying a home can seem hopeless. You’ve put in offer after offer and haven’t been able to secure a home. We’re here to tell you that there may be ways to increase your bidding changes! After talking to some of our Real Estate Agent Partners, we’ve compiled a list of […]

Inflation Spike – How It Is Affecting Senior Homeowners

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Inflation spike – how it is affecting senior homeowners US inflation is officially up to its highest level in four decades, and the rising cost of living and other financial pressures have left seniors worried about their future. A survey of over 1,500 participants ages 60-75 helps us understand how inflation affects seniors and their […]

6 Ways A Reverse Mortgage Loan Can Pay For Your Retirement

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6 Ways A Reverse Mortgage Loan Can Pay For Your Retirement Your monthly mortgage payments will vanish, as long as you maintain the condition of your home, and pay property taxes and homeowners insurance. Pay off your current mortgage The U.S. median monthly mortgage payment is a whopping $1,609, but your new reverse mortgage would […]

The Cost of Waiting to Buy a Home

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The Cost of Waiting to Buy a Home A lot of buyers right now have been waiting for the housing market to cool down. But waiting for just the right time to buy a home can be really tricky. Financial experts anticipate interest rates may start increasing in 2022. Add general property appreciation on top […]

4 Considerations Before Buying a Vacation Home in Florida

4 Considerations Before Buying a Vacation Home in Florida With Forbes Advisor reporting that the short-term rental industry is finally gaining some traction again, it’s worth considering investing in a vacation home, especially as a rental property. Data from Airbnb shows that between March and September 2020, occupancy rates in short-term rentals grew by 13% across 300 […]

CFI Ranks #1 in the Small Company Group on Orlando Sentinel’s Top Work Place List

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CFI Ranks #1 in the Small Company Group – Orlando Sentinel’s Top Work Place List https://youtu.be/RusBlESqlMA Altamonte Springs, Fla. (September 27, 2021) – Christensen Financial, Inc. (CFI) has been awarded a Top Workplaces 2021 honor by The Orlando Sentinel. The list is based solely on employee feedback gathered through a third-party survey administered by employee […]