Recently I came across a question on an investment website. What should you do if you come into a large sum of money? Should you pay off your mortgage or invest it? As you might expect, the advice ranged from pay the mortgage off to keep the mortgage and invest the money…READ MORE
Several years ago, we always told clients to just say “no” to reverse mortgages. Back then, they were a very expensive product. That was then, but things changed about three years ago. Today, loan costs on a reverse mortgage are virtually the same compared to a traditional mortgage.
Here’s a mortgage strategy one of our clients used that saved them over $15,000 in loan and closing costs.READ MORE