What is the connection, you might ask between reverse mortgages and the price of oil?

A recent AARP study shows that 26% of people they surveyed were finding it more difficult to pay their mortgage or rent, and 66% found it more difficult to pay for food, gas and medicine.

But then the credit crunch came, What once was selling on Wall Street easily is now much more difficult for lenders to find investors willing to take the chance to buy. Add to that the fact that many of these loans are secured by very high value homes and those values are declining rapidly in many markets and you have the proverbial double whammy to the senior borrowers who own them and wish to obtain a reverse mortgage...

When asked why we chose to do this rather than accepting positions with large banks, we tell people it was an easy decision to make, we love what we do, and we believe in servicing our senior borrowers with nothing but the best...

Many people are not aware of all the opportunities available to senior borrowers with the Reverse mortgage program. For example, did you know that HUD does not require any title seasoning or seasoning for time off the market when doing a Reverse Mortgage? What exactly does this mean to senior borrowers?

Medical bankruptcies have increased 20 fold in the last 20 years. How will increasing health care costs effect your retirement?

So for the borrower who is really trying to determine the lowest cost reverse mortgage for proprietary or jumbo reverse mortgage programs, they need to also review the missing element the margin. The margin is the amount that is added to the index to determine at what rate the loan will accrue interest over the life of the loan

Reverse Mortgages have become a common retirement tool for senior homeowners and a recent study by the AARP showed that nearly 90% of those surveyed said they were satisfied with their lender.

With interest rates low and home values up, is now the right time to refinance your Reverse Mortgage?

Falling home prices are putting pressure on homeowners across the country. What do the declining home values mean to your Revere Mortgage or your chances of getting one.

In an article in the Seattle Times, reporter Elizabeth Rhodes reports on the rise of equity sharing programs and how they are better than Reverse Mortgages because they don't "charge interest." The article reads more like a cheesy sales pitch than an investigative piece of journalism and unfortunately for Ms. Rhodes she completely misses the mark on many issues.

Reverse Mortgages are increasingly become a popular tool with senior homeowners to provide a more comfortable retirement. But for those who decided against a Reverse Mortgage, what did they cite as their reasons?