Financial Columnist Changes Mind on Reverse Mortgages

By Team Hochberg | November 7, 2018

By Alex Spanko A financial columnist this week detailed the ways in which his opinion has evolved on reverse mortgages, moving from mild distrust to solid acceptance in certain scenarios. Writing for the San Antonio Express-News, columnist Michael Taylor noted that before digging into the products in response to a reader question, he hadn’t known…

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Advising Reverse Mortgage Borrowers on Aging in Place

By Team Hochberg | November 7, 2018

By Reverse Mortgage Daily For the many seniors who want to age in place, structural upgrades can become essential for living with accessibility and safety. A commonly promoted use for the Home Equity Conversion Mortgage, these upgrades are something retirees should start planning for sooner than later if staying in their current home is the…

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Reverse Mortgage Loans: New Options are Available for Homeowners

By Team Hochberg | October 12, 2018

If you are an experienced homeowner, you’re also likely near retirement or looking at retirement in the near future. You may have retired years ago, but your cost of living expenses are increasing to the point where you don’t know if your life will outpace your income. A reverse mortgage loan might be the perfect…

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Enhancing Your Credit Score BEFORE Purchasing a Home

By Team Hochberg | October 1, 2018

Below is an email I received from a lady wanting advice about enhancing her credit. “My mom mentioned she’s heard how you help people quickly enhance their credit on your radio show.  I had an instance where my monthly mortgage payment changed and because I was doing auto pay through the bank vs through the…

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Student Loans and What Nobody Tells You about Buying Your First Home

By Team Hochberg | August 2, 2018

If you’ve decided you’re ready to buy a home, there’s a lot that you need to know! You might have concerns about your credit, or your student loan debt, or even the down payment! No matter what your concerns are, you need to make sure you’re talking to someone who actually wants to help you.…

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Three Financial Missteps and How You Can Avoid Them

By Team Hochberg | August 2, 2018

Pay Your Bills… On Time! This first step may seem obvious, but one late payment could result in a 20-100 point drop in your credit score! That means that by having one 30 day late payment could result in an extra $50 a month on an average mortgage payment. Paying your bills on time is…

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America’s Credit Cards: Avoidable Mistakes and Over 100 Billion in Interest

By Team Hochberg | August 2, 2018

New research shows that the amount of money that U.S. consumers shell out yearly in credit cards fees and interest has passed the $100 billion mark. As the economy continues to improve, more and more people are using credit cards, if they can qualify. Despite this massive problem, people still know shockingly little about their…

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