August 2026 marks a significant milestone for Christopher Mitchell, CEO of Opulence Funding LLC, doing business as Opulence Home Equity: 20 years since he first began helping senior homeowners with reverse mortgages. Since originating his first reverse mortgage in 2006, Mitchell has watched the industry transform. The HECM program has evolved. Financial Assessment changed underwriting. […]
If you’re a homeowner in Spokane, Washington, and are age 62 or older, a reverse mortgage could provide additional financial flexibility during retirement. Whether you’re looking to supplement your retirement income, eliminate an existing mortgage payment, or create a financial cushion for unexpected expenses, a reverse mortgage allows you to convert a portion of your […]
For many homeowners in Clark County, Washington, their home is more than just a place to live, it’s one of their greatest financial assets. If you’ve owned your home for years in communities like Vancouver, Camas, Battle Ground, Ridgefield, Washougal, or La Center, there’s a good chance your property has appreciated significantly over time. As […]
The short answer is yes, you can refinance a reverse mortgage if it provides a meaningful financial benefit. In fact, many homeowners choose to refinance their reverse mortgage to access additional home equity, secure more favorable loan terms, or add a spouse to the loan if they now qualify. Like refinancing a traditional mortgage, refinancing […]
If you’ve spent decades building equity in your home, retirement may be the perfect time to let that equity work for you. Many homeowners throughout Tarrant County, Texas are exploring reverse mortgages as a way to create additional financial flexibility without selling the home they’ve worked so hard to own. Whether you live in Fort […]
