reverse mortgages valencia: I was in foreclosure and got approved for a mortgage?
- 10/18/10 08:08 AM
I was in foreclosure and got approved for a mortgage? No way! That's impossible right? But it's true! I was drowning in debt, my medical bills were through the roof and my home was in the process of being foreclosed on. I didn't even have to prove income or have them run my credit report!
This is a real life scenario of a 78 year old widow with a home mortgage of 198,000 that was currently in foreclosure.
Her financial planner suggested that she contact Skyline Financial Corp. who offered her a reverse mortgage. Her home was worth 470,000 … (38 comments)
I was in foreclosure and got approved for a mortgage?
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