Premier Reverse Mortgage, LLC 5.0 Based on 32 reviews review us on Mike Warren 2 years ago Jeff at PRM is just about the most knowledgeable mortgage professional I have had the pleasure to work with. We depended on him for clear, dumbed down answers for our concerns and questions, his hel...
When you do leave the house or pass away, the property can be sold and the proceeds used to pay off the reverse mortgage. The sale price can be equal to the mortgage balance or up to 95% of the home's appraised value, whichever is less. (The mortgage insurance you've been paying w...
Reverse-mortgage lenders have traditionally relied on automated valuation models (AVMs) and desk appraisal reviews in order to obtain a value on the property securing the transaction. Plaza Home Mortgage implements Platinum Data Solutions' appraisal-review technology More results ► Dictionary browser ...
If you want to be successful in the reverse mortgage space going forward, you have to learn to operate effectively with trusted advisors to build networks of referral partners... like we've done for three years... (Continue reading) Tagged with: Barry Sacks costs of a reverse mortgage FHA...
A reverse mortgage is a safe and secure financial tool that allows homeowners over 62 to tap into the equity they have earned in their home. Learn more today.
Since 2002 I have been doing Reverse Mortgages and frequently clients would tell me that they were going to use up their savings before they considered a Reverse Mortgage. I didn’t think anything of it at the time. It seemed reasonable. ...
First, check to make sure a potential reverse mortgage lender is licensed to do business in your state. In addition to local lenders, there are plenty of large loan companies that operate nationwide. As you compile your list and begin to narrow down the options, look online for reviews on ...
Reviews "Before contacting Heritage Reverse Mortgage I probably had heard some to the problems others have had with the idea of a reverse mortgage. Evan Fairbanks and the staff at Heritage kept me informed as the loan progressed and were always available to answer any concerns that I had. They...
Unlock home equity with South River Mortgage's HECM, HomeForLife, and HECM Refinance. Serving retirees across the USA with exceptional service.
A reverse mortgage is a loan that allows eligible homeowners age 62 or older to borrow money against theequity in their homeand receive the proceeds as a lump sum, a fixed monthly payment, or a line of credit. Unlike a regular mortgage—the type used to buy a home—a reverse mortgage ...