If you’ve ever discussed reverse mortgages with friends or family, you’ve probably heard some version of “the bank takes your house” or “it’s only for people who are broke”. I hear myths like this constantly, and most of them are out of date or simply not accurate. Reverse mortgages have changed a lot over the years and can be very beneficial for seniors who are sitting on significant home equity and who want to stay in their homes. With that said, reverse mortgages may not be the right choice for everyone.
My goal with this post is to help clear up the most common misconceptions I run into and put reverse mortgages in context with other mortgage options available for people who are 62 and older. As always, I like to provide as much information as possible to help you make informed decisions about your finances. [Read more…]
Nurse Practitioners, CRNAs & Physician Assistants Now Qualify for the Doctor Loan Program
One question I hear often from buyers shopping multiple lenders is some version of this:
Freddie Mac’s Bulletin 2026-1 brings a meaningful change for buyers and homeowners in the greater Seattle area. Starting with applications dated April 12, 2026, high balance conforming loans are no longer eligible under the Home Possible program. For homebuyers in King, Pierce, and Snohomish counties, this change directly affects your low-down-payment options on higher-priced homes.
