Michael Emilio

Are you a senior citizen homeowner or know one personally? Do you consider yourself “house rich” but “cash poor”?
There’s been a lot of talk on television, radio, and print about the power of reverse mortgages. Some people say it’s the cure to your financial troubles. Other’s say that reverse mortgages make your financial problems [...]

[Read more →]

I have a question about senior citizen reverse mortgages. How do the monthly payment calculations work? Also, what happens if I live a long time and the payments exceed my home’s market value?
- J.L. Miami (Dadeland Mall Area), Florida

The Three Reverse Mortgage Lenders
Well first off, there’s three nationwide reverse-mortgage lenders. Those three are [...]

[Read more →]