reverse mortgages: Reverse Mortgage Myths - 09/19/07 12:31 PM
Here are some interesting myths that I can admit that I've had before understanding the product.
Heirs will be against home-owner getting a reverse mortgage.  This one I've seen myself with my own family. I know my parents would have found it much easier to care for their elderly parents with this … (4 comments)

reverse mortgages: Reverse Mortgage Basics - 09/19/07 12:05 PM
Here are a few helpful basics if your thinking of getting a reverse mortgage.
Reverse Mortgages are loans for seniors homeowners age 62 years or older with sufficient equity.No income qualification.No monthly mortgage payments.No asset qualification.Minimal credit verification requirements.Repayment only at maturity event, death, property sale or relocation.Non-recourse; cannot own more than … (1 comments)

reverse mortgages: Reverse Mortgages...the next biggest thing in mortgages origination - 09/19/07 11:31 AM
The current mortgage market is in turmoil.  Like any industry we go through Fad's.  A mortgage Fad is a mortgage product that gains enormous popularity, then fades into the background for many various reasons.  An example of this would be what we now fondly call "Liar" loans.  Stated programs have actually … (2 comments)

 
Loan Officer: Karl Christen Utah Mortgages~Mortgage Planning Expert (Envision Lending Group)
Karl Christen Utah Mortgages~Mortgage Planning Expert
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