Splitero no longer accepting shared equity applications

In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states “sell for the highest price.” Continue reading

The cheapest way for clients to tap into new home equity

There are many ways to access the equity in your home, but they’re not all the same. Count on author and coach Bernice Ross for the most innovative strategies available to tap into all of that newfound wealth. Continue reading

How to gain a competitive edge with baby boomer buyers

Understanding the ins and outs of a home equity conversion mortgage for purchase can give real estate agents an advantage when working with older buyers. Here’s what you need to know. Continue reading

LISTEN: What to Know Before Getting a Reverse Mortgage

Once you turn 62, if you own a home, you’re generally eligible to get what’s known as a reverse mortgage — a way to tap your home equity and age in place without making mortgage payments. But should you? That question is debated on the new Friends Talk… Continue reading

Should You Get One of the New Reverse Mortgages?

The reverse mortgage market has been in a state of flux ever since the U.S. government in 2017 reduced the amount borrowers age 62 and older can draw from their home equity for its Home Equity Conversion Mortgage (HECM) and raised that loan’s premiums…. Continue reading