Retirement News with Professor Craig

Retirement News with Professor Craig

The Retirement News blog is dedicated to the financial and physical health and well-being of older Americans. 
Whether you're already in or nearing retirement, you will find important, topical information in the blog to help you make informed decisions on your road to retiring more freely.
As a 25-year veteran in the financial services industry and a certified trainer and teacher, Professor Craig's #1 goal is to help you thrive in retirement with financial peace of mind. 

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RMF Newsroom, Consumer Direct, Distributed Retail, Partners, RMF News Release

RMF president talks current economic challenges, opportunities for reverse mortgages

While the reverse mortgage industry managed to buck a broader business trend during the pandemic by increasing both Home Equity Conversion Mortgage (HECM) and proprietary reverse mortgage loan production since March 2020, broader economic challenges in America and around the world are starting to affect the economic posture of businesses everywhere.

Retirement News, RMF Newsroom, Consumer Direct, Distributed Retail, Partners

“Top Workplace” Honor Means Top Service for RMF Clients

How RMF clients benefit from doing business with a top workplace

Based on employee feedback from a survey by employee engagement technology partner Energage LLC, participants rated 15 culture drivers that are critical to the success of any organization, including alignment, execution and connection. 

RMF Newsroom, Consumer Direct, Distributed Retail, Partners, RMF News Release

Reverse Mortgage Funding Lowers Age Requirement to 55+ for Its Proprietary Reverse Mortgage Product, Equity Elite®

Members of Generation X may now qualify for reverse mortgages with this lower minimum age requirement

Bloomfield, NJ – September 1, 2021 – Reverse Mortgage Funding, LLC (RMF), one of the nation’s top reverse mortgage lenders, today announced a significant enhancement of its propriety reverse mortgage product, Equity Elite®. The enhancement lowers the minimum qualifying age for homeowners applying for this reverse mortgage product from 60 to 55 years of age, in certain states.


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A More Flexible Home Equity Loan

If you’re 62 or older, there is a home equity line of credit option that offers greater financial flexibility than a traditional Home Equity Line of Credit (HELOC). It’s called a Home Equity Conversion Mortgage (HECM) line of credit. 
If you have an existing mortgage or home equity loan you could refinance them with a HECM line of credit and get enhanced benefits, including a flexible payment feature and a line of credit that GROWS when left untouched.
As with any mortgage, you must meet your loan obligations, keeping current with property taxes, insurance, and keeping your home in good condition.

Equity Elite Reverse Mortgage

Put Your Home Equity to Work for You

Get Your Free Reverse Mortgage Quote

By clicking "CALCULATE", you are providing your signature and express "written" consent to be contacted by or behalf of Reverse Mortgage Funding LLC, its affiliates and/or its agents (collectively Company) at the telephone, email or mailing address that you have provided for purposes of fulfilling this inquiry about reverse mortgages and/or the Company's products or services, even if you have previously registered on a "do not call" government registry or requested Company to not send marketing information to you by email and/or direct mail. You agree that the Company may use automatic telephone dialing systems and prerecorded voice messaging in connection with calls or texts made to the telephone number you provide even if the telephone number is assigned to a cellular or mobile telephone service or other service for which the called party is charged and are representing that you are the regular user of provided number. You understand that you are not required to consent to receiving autodialed calls or texts as a condition of any reverse mortgage and/or purchasing any Company products or services. If you do not wish to authorize Company to contact you in this manner, you can call 888-277-1567 to complete your request. You understand that you can revoke this consent at any time.

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