First Time Home Buyers: About 65% of Americans own their own home. If you are in the 35% who do not own a home, you should be aware of the options available to you and how your credit score affects the sales price you qualify for a home purchase. Your […]
If you’re considering a reverse mortgage or already have one, understanding how it concludes is essential. In this article, we’ll explore the events and considerations involved when reaching the end of a reverse mortgage’s life. Maturity Events and Defaults A reverse mortgage typically concludes due to either a maturity event […]
Navigating today’s housing market can be a daunting task, especially for those looking to make their dream of homeownership a reality. That’s where the right expertise and insight come into play. Here at Bookend Lending LLC, we understand that every homebuyer’s journey is unique, and we’re dedicated to guiding you […]
A Success Story of Perseverance and Support In A Crazy Market Turning Challenges into Opportunities Ron and Jo had been renting their cozy apartment for years, paying a reasonable $1000 per month. But when the pandemic hit, their landlord decided to increase the rent—twice! Suddenly, they found themselves shelling out […]
Turning Loss into a New Beginnings and Security in Retirement In the golden years of their life, Mary and Larry were the epitome of a partnership built on love, dreams, and shared aspirations. Their home, nestled in the heart of a community they adored, was more than just a structure; […]
Navigating the Journey: Understanding Your Reverse Mortgage Payoff For many of us reaching the golden years, the idea of a reverse mortgage might seem like a comfortable cushion for our retirement strategy. But, as with any financial decision, it’s natural to wonder about the details, especially concerning when and how […]
Embarking on the journey of buying your first home is thrilling, yet fraught with complexities, especially when it comes to securing a mortgage. Understanding these challenges is the key to navigating this labyrinth with confidence with NH Mortgage Brokers that are here to help. Conclusion: Empowerment through KnowledgeThe path to […]
When a person or a couple takes out a reverse mortgage, what are the final considerations that must be made at the end of the loan cycle?The short answer is that when the last borrower on the loan decides to move out voluntarily or because they die or are in […]
If I had a group of people who were in New England for the first time and they only had one day to explore, some would want to go to the mountains, some to the beach, some to the lakes, some to Boston or Portsmouth. There are so many choices! […]
We learn best from real life examples – we, as people like to see how it has worked out for others and hopefully to learn from them. Below is an example of a client that utilized a Home Equity Conversion Mortgage, or AKA a reverse mortgage to be able to […]
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