Senior Salute Radio brings timely information to leading age Boomers and Seniors addressing the issues of aging, care-giving and maintaining quality of life. Learn from both professionals and regular people going through the process with their families.
Daniel Wolbe/Liberty Home Equity Solutions
Since 2004, Liberty Home Equity Solutions has stayed true to their mission of helping clients build financial independence and security through home equity solutions. Over the years, they have grown from a small start-up to one of the largest Home Equity Conversion Mortgage lenders in the nation. They have helped over 50,000 seniors obtain access to the equity in their homes to help them live more comfortable and financially secure lives.
A Home Equity Conversion Mortgage (HECM) loan – also known as a reverse mortgage – can be an important financial option for seniors, their family members, and financial professionals to consider as part of an overall retirement planning strategy or to help meet cash flow needs.
A HECM loan is insured by the Federal Housing Administration (FHA) and allows senior homeowners 62 and over to access part of the equity in their home to help them live more comfortably during retirement. With a HECM loan, there are no monthly mortgage payments; no upfront lender fees; and fixed and variable rate options.
Borrowers must live in the home as their primary residence and continue to pay for property taxes, insurance and home maintenance based on program guidelines as established by the Federal Housing Administration (FHA). Failure to meet these requirements can trigger a loan default that may result in foreclosure.
Victoria Collier/The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of senior citizens when their health care needs increase. The Firm focuses its entire practice on Asset Protection and Estate Planning matters, which encompasses the areas of Medicaid Planning, VA Benefits Planning, Special Needs Planning, and Estate Planning. Victoria Collier has grown her law practice through her personable nature and good management skills. The office is located in downtown Decatur, GA. The Firm makes house calls to those clients who are unable to come to the office. They understand that you might not be able to make it into the office, so they have no problem coming to you! Take comfort in knowing that it is the mission of Victoria Collier to support her clients in the creation of a long-term care plan for preserving assets, maximizing independence, and enhancing quality of life.