Today, we would like to discuss reverse mortgages. What is a reverse mortgage and how does it work? This blog post will tell you everything you need to know!   What is a reverse mortgage? A reverse mortgage is defined as a loan that allows you to get money from your home equity without having to sell your home. This is sometimes called “equity release”. You may be able to borrow up to a certain percentage of the current value of your home. The maximum amount you will be able to borrow will depend on your age, your home’s appraised value, and your lender. You…

Is it beneficial to have a pre-approval letter for financing when putting an offer on a property?   Yes, definitely! A pre-approval is when a potential mortgage lender looks at your finances to find out the maximum amount they will lend you and what interest rate they will charge you. With a pre-approval, you can: know the maximum amount of a mortgage you could qualify for estimate your mortgage payments lock in an interest rate for a certain period of time After all, how can you shop for property when you don’t know how much money you have to spend or, more importantly, how much a lender will loan…

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Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer. 

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