1.    Seniors can use this product to help their kids with a down payment to purchase a new home.

2.    With the proceeds from a Reverse Mortgage senior homeowners can help children afford house payments by extinguishing their debts.

3.    Seniors can use this program to buy a home more suitable to their changing needs or even buy a vacation home.

4.    Professionalism - it's an easy solution for a senior who doesn't qualify to sell and downsize. At the same time, it creates trust and builds a future listing while expanding your referral base; all by helping seniors do what's best for them.

5.    Reverse Mortgages can help homeowners afford home improvements that will increase a home's value when you prepare to list the property.

6.    The money helps seniors maintain pride of ownership and obtain the highest value in the future.

7.    It offers a new marketing opportunity; contact current and past clients making them aware of Reverse Mortgages, how the process works for senior homeowners and what it can do for them and their family.

8.    It's a financing tool. (Eliminates financing contingencies)

9.    The Reverse Mortgage gives more purchasing options to your senior clients - Baby Boomers will begin to qualify in 2008.

10.  In today's market, it's something positive to talk about!

Greg Plum is a reverse mortgage specialist with over 10 years' mortgage experience.  Academy Mortgage has been assisting seniors with their reverse mortgage needs for 18 years.  For more information, contact Greg at gplum@academyloans.com or 1-877-240-7020.

 

Types of Homes that Qualify for a Reverse Mortgage
02/27/2008
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While typically a reverse mortgage is done on a single-family detached residence, several other property types may be eligible. This little known fact can allow many more senior homeowners to reap the benefits of a reverse mortgage. The important… more
How Can Reverse Mortgage Proceeds be Used?
02/18/2008
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In a few words… Any Way You Want! However, let's explore the ways that the funds can be taken, since that impacts the cash available and thus spending choices. Lump Sum: The first choice is to take all the available funds at once. This is the… more
Change is in the Wind for Reverse Mortgage Borrowers!
01/28/2008
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Just in case you have not heard, the reverse mortgage industry is up for a facelift. Some potential new enhancements include increasing the lending limit and reducing the origination fees seniors are required to pay to take advantage of this unique… more
Reverse Mortgage FAQ
12/23/2007
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For more information: gplum@academyloans. com www. acaliforniareversemortgagelender. com www. areversemortgagelender. com 877-240-7020 What are the Benefits of a Reverse Mortgage? There are several benefits associated with the reverse mortgage. First,… more
Reverse Mortgages in Several Additional States
12/23/2007
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Academy Mortgage is a reverse mortgage lender that assists reverse mortgage candidates in the following states: Colorado, Arizona (AZ-BK090611), California, Tennessee, Kentucky, Florida, New Jersey, Maryland, Delaware, Pennsylvania, District of… more
Reverse Mortgages in Several Additional States
12/23/2007
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Academy Mortgage is a reverse mortgage lender that assists reverse mortgage candidates in the following states: Colorado, Arizona (AZ-BK090611), California, Tennessee, Kentucky, Florida, New Jersey, Maryland, Delaware, Pennsylvania, District of… more
Reverse Mortgages in Several Additional States
12/23/2007
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Academy Mortgage is a reverse mortgage lender that assists reverse mortgage candidates in the following states: Colorado, Arizona (AZ-BK090611), California, Tennessee, Kentucky, Florida, New Jersey, Maryland, Delaware, Pennsylvania, District of… more
Reverse Mortgage Lender Comes to Delaware
11/20/2007
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Academy Mortgage, LLC, one of the country's top reverse mortgage lenders comes to Delaware. Headquartered in Maryland and licensed in 12 states across the country, we provide a local presence with a highly personalized level of service often… more
Are Reverse Mortgages for Everyone?
11/18/2007
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Of course not! Just because you may meet the minimum age requirement of 62 years of age, that does not mean that a reverse mortgage is right for you. One of the first questions my clients ask me is "what's the catch"? Well, there is no… more
 

Greg Plum

Wilmington, DE

More about me…

Academy Mortgage, LLC

Office Phone: (877) 240-7020

Cell Phone: (302) 530-1666

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