Construction industry and development projects
Key Takeaways A cash-out refinance to fund a parent’s care means repricing your entire mortgage, which can mean giving up a low locked-in rate. A HELOC or home equity loan can reach your equity withou...
Sep 14, 2026 · 5 min readKey Takeaways A HECM for Purchase lets you buy a home with a reverse mortgage, not just tap one you already own. The trade-off is a larger down payment with no required monthly principal-and-interest ...
Sep 14, 2026 · 5 min readKey Takeaways Costs range from an inexpensive grab bar to a major bathroom conversion, so the right funding depends on the scale of the work. Medicare and most insurance generally won’t pay for home m...
Sep 14, 2026 · 5 min readKey Takeaways The person who owns the home being renovated does not have to be the one who takes out the loan. If you have steady income, borrowing against your own home may qualify more easily; if yo...
Sep 14, 2026 · 5 min readKey Takeaways A reverse mortgage does not automatically take the home from your family; heirs generally can keep it by paying off or refinancing the balance. Because a HECM is non-recourse, heirs neve...
Sep 14, 2026 · 5 min readKey Takeaways Reverse mortgage proceeds are generally treated as loan proceeds, not income, so they usually don’t affect Social Security or Medicaid income limits (per SSA and Medicaid.gov). The risk ...
Sep 14, 2026 · 5 min readKey Takeaways A parent keeps ownership of their home with a HECM reverse mortgage and cannot be forced out as long as loan terms are met. Proceeds can fund renovations like a walk-in shower or ramp, a...
Sep 14, 2026 · 5 min readKey Takeaways A home equity loan and a HELOC are different products: one is a fixed lump sum, the other a revolving line you draw from as needed. For a one-time project with a known cost like a bathro...
Sep 14, 2026 · 5 min readKey Takeaways Being turned down for a loan usually points to a fixable qualification issue, not the end of your options. A reverse mortgage is rarely the only choice: HELOCs, home equity loans, and as...
Sep 14, 2026 · 5 min readKey Takeaways Reverse mortgage proceeds can come three ways: a line of credit, a lump sum, or monthly payments, and the choice affects both cost and risk. For projects spread over months or years, a l...
Sep 14, 2026 · 5 min readKey Takeaways A HELOC denial as a retiree is usually about how your income was documented, not your age or being retired. Social Security, pensions, and retirement-account withdrawals can count, and a...
Sep 14, 2026 · 5 min readKey Takeaways Your available amount is driven by your age, your home’s value, and current interest rates, not by age alone. Generally, the older you are, the larger the share of equity you can access ...
Sep 14, 2026 · 5 min readKey Takeaways A reverse mortgage pays off your existing mortgage first; any remaining proceeds can go toward home modifications like a walk-in shower or ramp. How much you can access depends mainly on...
Sep 14, 2026 · 5 min readKey Takeaways You keep ownership and the title to your home with a HECM reverse mortgage; the lender holds a lien, not the deed. Because a HECM is non-recourse, your heirs will never owe more than the...
Sep 14, 2026 · 5 min readKey Takeaways With a HECM reverse mortgage you keep the title and can stay in the home as long as you meet the loan terms (living there, paying taxes and insurance, and maintaining the home). A HECM i...
Sep 14, 2026 · 5 min readKey Takeaways A HELOC and a reverse mortgage both tap home equity for repairs, but work in nearly opposite ways: one adds a monthly payment, the other removes it. A HELOC usually costs less upfront; a...
Sep 14, 2026 · 5 min readActive adult buyers, who often sit on decades of built-up equity, are at least partially shielded from the affordability constraints squeezing younger, entry-level buyers.But that doesn’t mean marketi...
Sep 14, 2026 · 5 min readCompass launched the Compass Global Division, an internal agent-to-agent network designed to connect U.S.-based clients with vetted advisors for international real estate transactions, the company ann...
Sep 14, 2026 · 5 min readFor Char Kurihara, homebuilding job titles might well be artifacts of a bygone era. That’s not about title inflation or ego. If anything, it’s the opposite. Since the housing and financial crisis, the...
Sep 14, 2026 · 5 min read
At this time of year, as we remember Sept. 11, 2001, I inevitably find myself thinking about time. I think about the people who went to work that morning expecting it to be an ordinary Tuesday. I thin...
Sep 14, 2026 · 5 min read