Financing Archives - Ask Mr. Henderson

How to Sell a Home with a Reverse Mortgage

On: May 15, 2020

In: Advice, Financing, Reverse Mortgage, Selling

A reverse mortgage is a type of mortgage loan that enables homeowners, particularly seniors, to access the accumulated equity value of their home without selling it. Reverse mortgages first arrived in the 1960s but have become popular in recent years. More homeowners are using them for the funds required to comfortablyContinue Reading

Mortgage Calculator

By: Ask Mr. Henderson

On: September 3, 2019

In: Financing, Resources, Tools

Use the mortgage calculator below to calculate your mortgage payment (not including taxes and insurance) before you buy a home.Continue Reading

6 Steps to Get Pre-approved for a Home Loan

By: Ask Mr. Henderson

On: September 2, 2019

In: Financing, Real Estate Basics

Before you go home hunting, consider getting yourself pre-approved for a home loan. Here are six steps towards getting pre-approved. If you have no credit, bad credit, or a lower than desirable credit score, see How to Improve Your Credit Score. Contact your mortgage lender and let them know youContinue Reading