Melinda Hipp

👉 My article is posted on the Golden State Review in California! If you could share with any friends of family there, I would appreciate it! 🏚️ #californiareverse #goldenstatereverse #retirementhousingwealth #boomers

Join Marguerita M. Cheng, CFP®, Chief Executive Officer at Blue Ocean Global Wealth, for a special webinar focusing on the Certified Financial Planner Board of Standards’ (CFP) required learning objectives.   This program fulfills the requirement for CFP® Board-approved Ethics CE. It has been designed to educate CFP® professionals on CFP® Board's new Code of Ethics and Standards of Conduct effective July 1, 2024. At the end of the course, participants will be equipped to:  Understand the structure and content of the revised code and standards, including significant changes from prior rules Describe CFP® Board’s fiduciary duty Identify material conflicts of interest and how to avoid or fully disclose, obtain informed consent, and manage them Identify the practice standards when providing financial advice that requires financial planning Understand the duty to provide information to clients when providing financial planning CFP Ethics: A Practical Application of CFP Board's Code and Standards Wednesday, July 29, 2026    10:00 AM – 12:00 PM PT | 1:00 – 3:00 PM ET Register Now Please Note: Two CE Ethics credits will be provided for CFP, RICP, CLU, ChFC, and CFFP/Kaplan designations. Get to Know Your Speaker -Marguerita Cheng, CFP®, CRPC, RICP®, CDFA® Marguerita is the Chief Executive Officer at Blue Ocean Global Wealth. She is a past spokesperson for the AARP Financial Freedom Campaign and a regular columnist for Investopedia & Kiplinger. #CFP #FPA #financialplanning #RICP #retirementplanning https://lnkd.in/gM4Hj_Ea

👉 Just as our Boomers are hitting their middle age of seniority, things like this happen giving them less choices and having to fend for themselves. Check on your clients to make sure they have someone to turn to and have options available for them! 🙋‍♀️ Reach out to me if you have someone that needs assistance!

Finding Stability at Home: A Reverse Mortgage Borrower's Story about Retirement Changes over Time! (Story adapted from this month's Reverse Mortgage Insider by NRMLA) 👩‍🦳 Connie has lived a long time in Montana, and it shows in the way she talks about home—not as a place she locks up at night, but as something rooted in trust, resilience, & community. Now 69, Connie lives in Vaughn, outside Great Falls. It’s the kind of place where neighbors look out for one another and where, as Connie puts it, she hasn’t locked the doors to her home or car in more than 20 years. 🏡 Divorced since '83, Connie raised one son, while building a career to become a legal secretary, landed a job, & worked her way up to a paralegal position-a role she held for about 14 years before moving to Blue Cross Blue Shield, where she finished out her career. ⌚ But retirement was not the smooth transition Connie had hoped for. In 2008, during the height of the financial crisis, she found herself out of work for two years. During that time, the mortgage payment on her longtime home climbed to $1,200 a month-far more than her reduced income could support. Medical issues added another layer of stress, leaving her with more than $50,000 in medical debt. Meeting basic financial obligations became a constant struggle. 🤷‍♀️ “I was having a hard time keeping up,” Connie recalls. “There just wasn’t enough coming in.” It was her sister who first suggested she look into a reverse mortgage. At the time, Connie’s situation was dire. Her home, where she had lived for more than 40 years, was in serious disrepair, & there was no way to afford the repairs needed to keep it safe and habitable. Qualifying wasn’t immediate. Connie had to complete a bankruptcy to get out from under overwhelming debt before she could move forward. During that period, help came from an unexpected but crucial source. The State of Montana’s Housing Assistance Fund program provided roughly $50,000 to bring her home up to HUD standards. Proceeds from the reverse mortgage later made it possible to address additional issues. Once the reverse mortgage was finally in place, it extinguished the balance on her existing mortgage – thus eliminating a monthly mortgage payment – & additional funds were put into a Life Expectancy Set Aside (LESA) to pay her property taxes & homeowners insurance policy for the next several years. For someone living on less than $1,400 a month, that made all the difference. Today, Connie’s home is not only safe-it’s comfortable &, in her words, beautiful. The financial pressure that once felt overwhelming has eased, allowing her to focus on the things she enjoys most. Connie’s story is about perseverance, & the relief that comes when stability is restored. After decades of work, hardship, and determination, she’s able to remain in the home she loves, on her own terms. 🙋‍♀️ If you know any client, friend/family would could benefit from this important resource, please reach out!

Our company continues to grow. Layton Mortgage and Reverse Mortgage Aurhority provide the lenders, support and tools needed for you to build your own business while allowing you to be your own boss and recruit other downline LO’s that you do not have to manage. If you want to know more DM me or visit https://lnkd.in/gfSZXkQ9

Generations of Fathers have celebrated this day all our lives! I hope you can celebrate with yours!🎊

💁Did you know that 1.5 million people age 62 and older applied for a mortgage last year, and 29% — about 450,000 — were rejected, often due to income-related qualification hurdles despite significant home equity. 😳 This is where our industry aligns with so many options! Reverse Mortgage, Reverse for Purchase and Reverse 2nd liens! So if you have ever had a client or borrower turned down that is 62+, reach out for questions. 🙋‍♀️. Even if not where I am licensed I am willing to help! 💵

Pass this along to any seniors or retirees you know so they have an idea what to watch out for! Thank you!

❤️‍🩹 A dear friend of mine in my same industry, suffered a stroke this year and we are all chipping in to assist her with costs that Medicare will no longer pay. I am asking, as a colleague and supportor, to see if you could kindly give a bit of your charity funds to assist her. We all will need this kind of help some day. Thank you in advance! 👋 #reversemortgage #financialsupport #mycontacts https://lnkd.in/gFHcn27T