Paying off a mortgage is a great milestone, but is it the best financial move? Mark Schumacher explores how cash flow impacts retirement planning.
Category: Reverse Mortgages Articles
Reverse Mortgage Information According to AI (Artificial Intelligence)
Reverse mortgages are often seen as a retirement income tool, but there are several unconventional ways to use them. Mark Schumacher shares insights from ChatGPT on how a reverse mortgage can fund a business, help with home purchases, and more.
4 ON 5
In the game of retirement, every financial asset plays a crucial role. Mark Schumacher from Mutual of Omaha Mortgage compares retirement planning to a basketball game, with Social Security, pensions, investments, and insurance as key players. But often, the “big man”—your home—is left on the bench. Schumacher explores how a reverse mortgage can bring your home into the game, working alongside your other assets to ensure a secure and balanced retirement strategy.
“It’s a Liquid Thing”
By Mark Schumacher, NMLS ID 519754, Mutual of Omaha Mortgage, Inc., NMLS ID 1025894 When our family was serving a… Read more »
Retirement Home within Reach?
Is the Retirement Home you want Within Reach? by Mark Schumacher, NMLS #51975 Home Equity Retirement Originator, Retirement Funding Solutions … Read more »
Home Equity vs. Reverse Mortgage
Home Equity Line of Credit (HELOC) vs. Reverse Mortgage Line of Credit (HECM) by David Heilman Are you 62 or… Read more »
Reverse Mortgage: Can it Help You?
by David R. Heilman, MBA; Certified Reverse Mortgage Professional The old notions that reverse mortgages should only be taken out… Read more »
Maximizing Your Home Value
by Anne Murray-Randolph (a.murrayrandolph@gmail.com or 803-818-1182) Selling your home “as is” versus updating for maximum profit on the sale When you… Read more »
The Reverse Mortgage Information Disconnect
by Mark Schumacher, Home Equity Retirement Specialist, Retirement Funding Solutions Here’s a scenario I hear from homeowners. A TV ad… Read more »
Reverse Mortgage: Talking Negative (Amortization)
by Mark Schumacher, Home Equity Retirement Specialist, Security One Lending Last edition’s reverse mortgage article was a general review of… Read more »
