Author

Douglas E. Jensen

Douglas E. Jensen is a Colorado based mortgage professional who specializes in helping seniors stay in their homes by taking advantage of reverse mortgages. He holds the following licenses LMB# 100026825 NMLS# 368568 and has been working with seniors since 2003. You can contact him with questions through his website www.mortgageadv.com.

Business

FHA Announced New Single Family Loan Limits For 2021

Douglas E. Jensen Dec 9, 2020

Due to robust increases in median housing prices and required changes to FHA’s floor and ceiling limits, which are tied to the Federal Housing Finance Agency (FHFA)’s increase in the conventional mortgage loan limit for 2021, the maximum…

Business

Seniors Look More Towards Reverse Mortgages Amid Coronavirus Outbreak; FHA Rolls Out New Options to…

Douglas E. Jensen Apr 30, 2020

With businesses deemed non-essential having been forced to close, over 26 million people have been out of work and have filed for unemployment.While many have been hit hard by the closures, seniors have been particularly vulnerable. Photo…

Business

Federal Housing Finance Agency (FHFA) Announces 2020 Conforming Loan Limit Increase for Fannie Mae,…

Douglas E. Jensen Dec 6, 2019

FHFA Director Dr. Mark A. Calabria, who was nominated by President Trump in January 2019, speaking on Housing Access and Affordability at a House Financial Services Committee hearing on access to affordable housing. Photo credit: C-SPAN. …

Business

Harvard Study: Number of Retirement-Age Households Facing Cost Burdens Reaches All-Time High Says…

Douglas E. Jensen Nov 5, 2019

A past panel and live webcast release of the Harvard Joint Center for Housing Studies annual State of the Nation's Housing report. Through its research, education, and public outreach programs, JCHS helps leaders in government, business,…

Business

FHA Changes Condominium Rules, Expected to Make Process to Obtain Reverse Mortgages Easier; Change…

Douglas E. Jensen Oct 9, 2019

HUD Secretary Ben Carson in a press release noted that the new rule will assist both seniors looking to maintain their current dwelling, as well as first-time home-buyers looking to start a family. Photo: C-SPAN. DENVER, CO – The…

Business

Reverse Mortgages: A Powerful Option for Senior Homeowners

Douglas E. Jensen Sep 18, 2019

In order to protect consumers, each reverse mortgage candidate is required to attend a free, confidential counseling session with a local independent housing counseling agency approved by FHA. File photo: Pixabay. GREENWOOD VILLAGE, CO…

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