Michael Isaacs

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What Fees Are Involved With a Reverse Mortgage? Let’s Take a Look

May 18, 2022 by Michael Isaacs

Investing in a home may be one of the most significant purchases you'll make in your lifetime, but many people forget that there are a number of other costs associated with buying a home. If you're considering a reverse mortgage and want to be clear on all of the fees involved, here are a few things you can expect to come across.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

Three Tips to Ensure That a Reverse Mortgage Makes Sense for Your Financial Situation

March 24, 2022 by Michael Isaacs

If you're having financial troubles, or if you need to free up a large sum in a short period of time, a reverse mortgage is a great way to get the money you need without having to take on new debt or make monthly payments. The great advantages of a reverse mortgage are that you don't need to make any loan payments until you decide to move out of the house and that in spite of the interest rates attached, you'll never owe more than the value of your home.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

Reverse Mortgages 101: How This Unique Financial Product Can Make Your Life Easier

November 3, 2021 by Michael Isaacs

If you've been in your home for a while and have considered other loan options, you may have heard the term reverse mortgage without being aware of how this product can benefit you. While this type of mortgage works for those who have a high amount of equity in their home, here are the details on reverse mortgages and how this product may work for you.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

Understanding the Reverse Mortgage and How to Best Use This Unique Financial Tool

October 1, 2021 by Michael Isaacs

If you've studied the real estate market recently, you've probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their everyday expenses. And although it's becoming increasingly popular, few homeowners truly understand it.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

Are You Applying for a Reverse Mortgage? Here Are 3 Considerations You’ll Need to Make

December 31, 2020 by Michael Isaacs

If you're a homeowner who is looking to tap in to the home equity that you've spent years building you may be interested in a "reverse mortgage" or "home equity conversion mortgage". Let's take a closer look at how reverse mortgages work, including how to qualify, what happens to your existing mortgage and what a reverse mortgage might cost.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

3 Completely False Myths About Reverse Mortgages That Need to Be Debunked

January 9, 2018 by Michael Isaacs

Are you a senior or retired individual older than 62 who is looking to supplement their retirement income? If so, you may have heard about a unique financial product known as a reverse mortgage. In today's blog post we will explore three myths about reverse mortgages and share why they need to be debunked. Let's get started.

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Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

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Michael Isaacs

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NMLS #26591 • AZ License #BK-0904162
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Direct/Office: 614.383.7341
michael@gomortgage.com
4215 Worth Avenue, Suite 220, Columbus, OH 43219
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