Retirement August 21 2018

Are You Ever Too Old to Get Approved for a Mortgage?

Whether you’re looking to downsize into the upgraded home of your dreams, refinance to pay off your home a little quicker, or looking for some extra cash to help fund your retirement, we want you to know that nobody is ever too old to get approved for a mortgage loan. Age is never a factor in loan approval. Actually, it is against the Federal Equal Credit Opportunity Act for a lender to discriminate against a borrower because of age. So, whether you are 40 or 90 years old, age is just a number in the eyes of a lender. Fortunately, Eagle Home Mortgage offers a powerful financing option, designed for homebuyers age 62 and older. It provides the funds you need to buy the home that you really want.

TAP INTO YOUR HOME EQUITY

The Home Equity Conversion Mortgage (HECM) is unlike a traditional mortgage and will allow you to forego your monthly mortgage payment. This will help you increase your monthly cash flow. You even retain ownership of the home as long as you live in it. The loan only becomes due when you leave, sell, or fail to maintain the home.

A HECM loan can help you:

  • Consolidate debts
  • Refinance existing mortgage debt
  • Give you some extra cash flow
  • Fund large purchases like that new corvette you’ve been wanting to buy
  • Assist a grandchild who is about to head off to college

A really great bonus to this loan is that all single-family homes, townhomes, and Federal Housing Administration (FHA)-approved condos are all eligible for this loan!  You just have to use the home that you buy as your primary residence—so vacation homes or investment and rental properties are not included.

Ask your Loan Officer if a reverse mortgage makes financial sense for you.

SPEAK WITH A LOAN OFFICER

December 13 2018

Student Loan Debt? How You Can Still Get A Mortgage.

While your student loan debt may look like the biggest obstacle getting in the way of homeownership, a lender may not see it as...

Read More

November 15 2018

The Impact of Rising Rates

If you’ve ever had a credit card or purchased a car, you should be familiar with interest rates. An interest rate is the...

Read More

November 12 2018

What to Keep From Your Closing

After several stressful months of buying or selling your home, it may be tempting to put the transaction in the past and dispose...

Read More

November 05 2018

What is an Appraised Value?

Everyone wants to sell their house for more than they bought it for, but real estate is trickier than that. Markets change, and...

Read More

November 02 2018

Pros and Cons of Buying a Condo

Whether you are a first-time homebuyer or searching for home number ten, buying a condo instead of a house may be the perfect...

Read More

October 29 2018

What a Home Inspection Should Cover

Before making what may be the largest investment of your life, you’ll want to get a home inspection. Home inspectors are...

Read More

October 26 2018

5 Reasons to Invest in Real Estate

Increasingly, Americans are choosing to invest in real estate instead of stocks, bonds, or mutual funds. From 2000 to 2016, real...

Read More

October 22 2018

What Does a Realtor Do?

Ever wonder about the difference between a real estate agent and a realtor? They’re the same, right? Not so. Working with a...

Read More

October 19 2018

Your Final Walk-Through Checklist

By the time you get to the final walk-through step of buying a home, you may be a dangerous combination of excited and exhausted....

Read More

12345Last

Search Results for query

July 30 2018

How Millennial Homebuyers are Saving for a Down Payment

Many millennial homebuyers are using unique methods to supplement their mortgage down payment. Learn about Eagle's various loan programs geared specifically towards first-time homebuyers. Saving for a down payment may be easier than you think.

Read More

July 28 2018

Change of Address Checklist

Between house hunting and drop-offs at Goodwill, don’t forget to share your change of address with the necessary people and organizations. Typically, you have time to update your address within 90 days of moving, but most all utilities and government...

Read More

July 27 2018

Eagle Home Mortgage Donates 3,244 Cases of Water to the Salvation Army’s Red Shield Survival Squad

Eagle Home Mortgage associates donate 3,244 cases of water to the Salvation Army's Red Shield Survival Squad in response to the extreme summer temperatures in southern Arizona.

Read More

July 27 2018

Choosing a Color Scheme for Your Home

When deciding how to design your home, color can be a powerful tool that inspires emotions, creates illusions of more space or can simply be a representation of your personality. No matter your comfort level, there is a way to incorporate color into any space in...

Read More

July 23 2018

Tips for Packing Like a Pro

Moving into a new home is an exciting time but packing and unpacking may not be what you’re most looking forward to. However, with careful planning and packing, you can save time, money, and a lot of headaches. Check out these packing tips to ensure that...

Read More

July 17 2018

Cool New Tech for Homes

Looking for the best smart home technology of 2018? We took a closer look at The Connected Home’s ecosystem of high-tech home gadgets. Here’s where the standards are set for smart home solutions in 2018.

Read More

July 15 2018

Tips to Increase Your Home’s Value

Need tips to boost your home’s value and sell your home quicker? Prospective buyers want to see that you took initiative so that they don’t have to. Here’s how to WOW to your potential buyers! Marketing to sell your home faster In the digital...

Read More

July 12 2018

Tips to a Stress-Free Moving Day

Moving is proven to be one of the most stressful life events. So it’s normal to be upset when you’re uprooting your life, but try to keep it in perspective. With these moving preparations, you can put your energy toward embracing the exciting changes...

Read More

July 11 2018

Does Moving Up Make Sense?

Do you find yourself daydreaming about a bigger home, a shorter commute or a nicer neighborhood? It may be time to consider a move up. But does it really make sense right now? Check out some of our tips on determining if moving up is the right move for you....

Read More

First34567Last

Mortgage Calculators

Crunch the Numbers With Our Helpful Mortgage Calculators

Payment Calculator

payment calculator

Payment
Calculator

Affordability Calculator

affordability calculator

Affordability
Calculator

Refinance Calculator

refinance calculator

Refinance
Calculator

The Modern Digital Mortgage with a Personal Touch

Paperless. Effortless. Awesomeness TM

Simplify the home financing process with our Digital Mortgage. We'll be here to help navigate you through the entire process.

Get Pre-qualifiedWhat is a Digital Mortgage?