Reverse Mortgage Archives | Frontier Financial of Arizona

Traci Ranic - Reverse Mortgage Lunch and Learn

The Benefits of Attending a Reverse Mortgage Lunch & Learn with Traci Ranic from Frontier Financial of Arizona: Expert Guidance: Gain insights from Traci Ranic, a seasoned mortgage professional with extensive experience in reverse mortgages, ensuring you get accurate and reliable information tailored to your needs. Comprehensive Understanding: Learn how reverse mortgages can provide tax-free…

Hello, I’m Traci, a Reverse Mortgage Specialist in the Greater Prescott Area with Frontier Financial of Arizona. I want to talk about an important topic that many of my clients face: managing debt, especially when living on a fixed income. Many seniors rely on credit cards to cover everyday expenses, which can lead to a…

How a Reverse Mortgage Can Help with Long-Term Care: Insights from Experts Navigating the financial aspects of retirement can be challenging, particularly when it comes to planning for long-term care. Many retirees face the difficult decision of how to cover these costs while remaining in their homes. One potential solution that is gaining popularity is…

What Is a Cash-Out Refi? The process for a cash-out refi is similar to refinancing an existing traditional mortgage. In a traditional refi, the borrower pays off an existing mortgage loan and secures a new loan. The terms are different from the original loan, likely with a lower interest rate, shorter term, or both. In…

Probate court is often slow and costly, and will always cause unnecessary hardship to grieving loved ones. However, with proactive estate planning, you can avoid it. Here are six tips to help your loved ones avoid the cost and hassle of probate court when the time comes. What Is Probate? Probate is a legal process by…

What is a Reverse Mortgage? A Reverse Mortgage enables Senior’s age 62 and older to convert a portion of the equity in their home into tax-free proceeds without giving up ownership or ever making a mortgage payment while in their home. It is a non-recourse loan which means if the loan amount ever were to…

You read the title correctly! If you have been on the fence about getting a reverse mortgage now is the time to get serious about it. Why would you possibly trade in a regular 30 year fixed loan at say 3% or even 4% for a higher interest rate Reverse Mortgage? The straight answer is…

We had a successful Lunch & Learn with the Prescott Area Association of Realtors at their office this week. They made a great video for #nationalcomplimentday We love this community. Thank you for having us join you to educate local realtors on the benefits that a Reverse Mortgage can bring to their clients and to…

Reverse Mortgage Funding, LLC filed for bankruptcy protection December 1, 2022. By December 6, 2022 monthly disbursements were approved by the courts to continue without interruption. What does this mean for you if you have a reverse mortgage with RMF? For the most part, nothing. One of the protections you get with the FHA backed…

FFAZ Reverse Mortgage Lunch & Learn Prescott Arizona (1)

We had a great time helping, education and answering questions for our guests at the last Reverse Mortgage Lunch & Learn! Thank you to everyone that joined us, and thank you to Kimberly Marsh Photography for these fun photos. If you would like to join us at the next one on November 15th, you can…