Learn all about reverse mortgages, including what they are, how they work, and how much money you could possible get. Contact Homa Rassouli in Novato, CA , today.
Information about reverse mortgages, including what they are, how they work, and how much money you could possibly get. Contact Lanny Clark in Albany, CA today.
Reverse Mortgage Broker in the country. We love working with clients to help them understand how they can benefit from a reverse mortgage, and we guide you every step of the way. We specialize in home equity conversion mortgages (HECM), jumbo reverse mortgages, and reverse mortgages for ...
Reverse mortgages years ago were used to take advantage of seniors. The Federal Government stepped in to ensure those who get reverse mortgages know precisely what they’re getting into financially. Reverse mortgage debt is like any other, so it should be understood completely. The reverse mortgage...
First, the mortgage interest rate is higher, potentially far higher, than conventional mortgages. Second, many of the HECM mortgage rates are adjustable. These already high rates can rise dramatically, while the cash paid the Smiths doesn’t change. Third, the HECMs come with five different fee...
Often stated, the reverse mortgage is expensive and the fee the originator makes is part of the reason. Originating reverse mortgages is not as easy as one, two, three but a very time consuming process whether one is a retail officer (works directly for the lender) or a broker (one who...
Refinance traditional mortgages into HECM loans. For those who wish to relieve themselves of the mortgage cash flow in retirement without liquidating a portfolio to pay down the mortgage, a reverse mortgage is very appealing. However, some clients may be unable to refinance using a reverse mortgage...
My reverse culture shock was so bad on visits home while I lived overseas that I wondered if I could ever return to Australia. Eventually, I met and married a German who convinced me that we should give it a go. And it’s turned out fine, but not without some reverse culture shock....
Reverse MortgagesWe are the #1 Reverse Mortgage Broker in Colorado Reverse Mortgage lending, and 37th top Reverse Mortgage Broker in the country. We love working with clients to help them understand how they can benefit from a reverse mortgage, and we guide you every step of the way. We ...