R P Shields & Associates

Edward Jones is an investment firm that believes your financial goals deserve a face to face conversation. We can help you prepare for retirement, save for education and be a tax-smart investor.

Joseph Karlsen at Ameriprise Financial Services in Linwood, NJ offers personalized financial advice aimed at helping clients achieve their financial goals. With a focus on comprehensive services, Karlsen and his team are well-equipped with numerous industry certifications, including AAMS, AEP, and CFP, ensuring clients receive expert guidance tailored to their unique financial needs. Ameriprise Financial Services emphasizes a diverse range of expertise, from estate planning and investment strategies to retirement planning and behavioral finance. Their advisors are dedicated to upholding a code of ethics and continuously expanding their knowledge to provide effective and meaningful financial solutions. Generated from the website

What Is a Reverse Mortgage Loan? The FHA insured reverse mortgage loan started around 1987, when Congress passed the FHA insurance bill called the Home Equity Conversion Mortgage (HECM) The FHA insured reverse mortgage loan is a cash out refinance for senior homeowners 62 and older that allows them to take a loan against a portion of the equity in their home. Proceeds from the FHA insured reverse mortgage loan are tax free, with absolutely no payments to be made while the home is your primary residence. If you would like to learn more about the FHA insured reverse mortgage loan, call Cornerstone Reverse Mortgage, LLC located in Linwood, NJ for a free consultation