by collin@rytechllc.com | Feb 21, 2023 | Blog
The Problem: Sally’s finances were out of order. Struggling to make mortgage payments and watching interest pile up on existing debts, she was constantly anxious and knew she needed help. She had equity in her home, but with a poor credit score, she struggled to find...
by collin@rytechllc.com | Feb 17, 2023 | Blog
Reverse mortgages allow homeowners to access the equity in their homes, receiving either lump-sum, monthly payments, or a line of credit. Homeowners receive payments up to the value of the reverse mortgage until they sell the home, move, or pass away. For many people,...
by collin@rytechllc.com | Feb 3, 2023 | Blog
Nearly 60% of all new homeowners in America are house-rich, cash-poor, joining millions of other homeowners with limited liquid assets. As more and more people categorize themselves as house-rich, cash-poor, it’s worth taking a closer look at the unintended...
by collin@rytechllc.com | Aug 5, 2022 | Blog
If you’re a homeowner, it’s no secret that traditional lending institutions look for a number of signifiers that you are responsible with your finances; and one of those key indicators is your credit score. Oftentimes, potential borrowers will be turned...
by collin@rytechllc.com | Jun 13, 2022 | Blog
If you have equity in your home, there are many ways to unlock the wealth it’s accumulated. You can try to apply for a home equity loan or home equity line of credit (HELOC), but most banks make it difficult for individuals with a poor credit score to get...
