It’s ironic that the cool weather and the rain came in right after the Fed announcement yesterday on Wednesday at noon when they announced that they were going to raise rates by another 75 basis points or 0.75%. Now, if you’ve been watching my videos or studying this at all, you know that when the…

Are you looking to apply for credit? Whether it’s a mortgage auto loan or credit card you might be asking yourself are high credit card balances going to affect my chances of qualifying for this new loan? Are those high credit card balances going to bring down my credit score? That’s why I wanted to…

Differences Between Common Loan Types in Colorado When it comes to mortgages, there are quite a few options to choose from, depending on what you need out of your mortgage product. It’s important to pick the right one for you, but it can sometimes be confusing. This is where our expert Lakewood mortgage lender team…

Up To $2500 Home Buyer Grant Now Available! I’ve got some great news for those of you out there that are looking to buy a home and could use a little bit of extra money to go towards that. The news is that there is a grant program out now that does not ever have…

I’m RJ Baxter with , reverse mortgage specialist in Colorado and 15 other states.  I want to talk today about taxes, specifically property taxes, and whether getting a reverse mortgage exempts you from property tax exemptions. There’s a couple main types of property tax exemptions that we see in different states. This of course varies…

The Hot Topic Realtors Are Talking About!- I was at a networking event yesterday talking to a bunch of different realtors, and the overall predominant topic of conversation was how great of a market it is right now for buyers. It’s such a great opportunity, and the realtors, I’ve been seeing this now for a…

One of the most common questions that we get is, can I deduct the interest on my reverse mortgage? The short answer is no. The reason why is you’re not actually making a payment. Typically on a reverse mortgage, one of the reasons why a lot of folks look at reverse mortgages is because you…

One of the most common questions we get is, do I need to maintain homeowner’s insurance on my property? I mean, I’m paying my insurance and taxes on my own on a reverse mortgage. Is a lender really going to check on that? Do I have to keep carrying homeowner’s insurance? And the answer is…

I wanted to share with you one of the most common questions we get about a reverse mortgage. And that is, how old do I need to be to get a reverse mortgage? And the short answer is 62 or older. That’s the age limit for qualifying for a reverse mortgage. However, if your spouse…

One of the most common questions we get from folks seeking a reverse mortgage is will I lose my government benefits if I take out a reverse mortgage? Will I lose my Social Security? Will I lose my Medicare? These are very, very important questions to consider when you’re looking at a reverse mortgage. And…