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Press Releases


Golden Gateway Financial Debunks Ten Emerging and Common Reverse Mortgage Myths

July 01, 2008

As falling home values erase some long-held reverse mortgage rules of thumb, customers continue to subscribe to both new and existing reverse mortgage myths.

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Golden Gateway Financial Links Depreciating Home Values to Limited Financing Options for Senior Citizens

June 16, 2008

Retirees in some markets have lost more than 20 percent of funds available to them within the last year; analysis shows eroding home values outweigh many of the age-related advantages reverse mortgage borrowers traditionally expect.

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Reverse Mortgage Often Exceeds Seniors' Social Security Check

April 17, 2008

Senior homeowners who own much but not all of their home and get a reverse mortgage will have their existing mortage paid off and, on average, receive a monthly check of $683 for much of the rest of their lives.

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Golden Gateway Financial Launches Online Services

December 17, 2007

Addressing the alarming retirement shortfall of aging Americans who nonetheless hold trillions of dollars in home equity, Golden Gateway Financial today announced the first independent Internet-based financial services site focused solely on innovations in retirement financing, particularly reverse mortgages. Golden Gateway Financial offers a safe and comfortable environment for seniors and their adult children to confidently learn about, compare and select reverse mortgages and other services that can reduce money concerns and improve life in retirement.

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