By Jim Doyle ~ “I’ve lived in my home for over 30 years. I didn’t want to leave it and go where I don’t know the neighbors. A reverse mortgage allowed me to have the security of staying in my home without a mortgage payment. That increased the money in my monthly budget. What a […]

By Jillian Sarmo, Investor Education and Public Affairs Coordinator ~ Every year when the snow finally clears away and the grass turns green, most people start to feel the familiar itch to “spring clean” their homes. “Spring Cleaning” is a term that originally referred to removing soot and grime build-up in the home. Years ago, the […]

Shopping local is in the news as the national retailer, Amazon, is coming under scrutiny for being the cause of small businesses struggling or going out of business. National or out-of-state lenders also offer home loans, including reverse mortgages, but working with a local company is far more beneficial to you.

The somewhat emotional angst of simply hearing the words, life insurance, can be daunting to a vast number of us. While there are certain stigmas associated with this type of insurance, many do not understand the true importance or value that this can offer someone at any stage of their life. Often as a result, […]

Now that tax season is over, it’s probably a good time to evaluate some financial “best practices” for the rest of the year. A good spring-cleaning can clear out the clutter to let you see a clear path for your future. Social Security is always here to help. Even if you just started working, now […]

A new AARP survey shows Colorado registered voters fear they don’t have enough money saved up for retirement, but believe that a public-private retirement savings option could help, especially younger workers and future generations.

By Jim Doyle ~ According to a study recently released by Fannie Mae, more baby boomer retirees have mortgage debt than those retirees who were born between 1931 and 1935.

By Jim Doyle ~ Beginning on January 1, 2019, the opportunity to pay off your existing mortgage putting that payment back in your budget, or to access your housing wealth with a government insured reverse mortgage grew! HUD increased the lending limit for Home Equity Conversion Mortgages (HECM) to $726,525. This means that if your […]

A friend of mine had paid off his home and had no mortgage. He felt he had done well, and he should feel proud of his accomplishment. It took faithfulness and sacrifice to achieve that mile marker. His home was his greatest asset, and yet the money that was in the home, his equity or […]