Contour Mortgage News

4 Types of Mortgage Loans that Home Buyers Should Consider

For many people, they’re going to need some financial assistance in order to achieve their dream of homeownership. This is where a mortgage loan comes into play. However,....

Home Buyers, Reverse Mortgages, USDA / January 30, 2018

4 Benefits of Reverse Mortgages

If you're a senior who owns a home that is paid off—or almost paid off—it's worth considering getting a reverse mortgage.

Reverse Mortgages / April 24, 2017

How Does a Reverse Mortgage Work?

A reverse mortgage is a home loan that allows you to borrow money against the value of your home. Here's all you need to know about reverse mortgages.

Reverse Mortgages / April 03, 2017

Is a Reverse Mortgage a Good Idea for You?

Getting a reverse mortgage can be advantageous for many seniors looking for some additional capital. But just because you are 62 years of age or older doesn’t mean you....

Reverse Mortgages / December 14, 2016

4 Reverse Mortgage Advantages

Reverse mortgages can help homeowners who are 62 years old or older receive a single payment or monthly payments based on their homes' built-up equity. Many people have....

Reverse Mortgages / October 07, 2016

7 Quick Reverse-Mortgage Facts To Keep in Mind

Reverse mortgages differ from other mortgage loans and require specific qualifications from loan applicants. Before making any kind of financial decision, it’s best to....

Reverse Mortgages / June 16, 2016

What's a Reverse Mortgage or HECM?

Many older homeowners look for ways to leverage their primary residence to cover their financial needs and fund their future plans. For years, the solution meant selling,....

Reverse Mortgages / April 05, 2016