Ar_home_b_search
 



fees: Questions To Ask To Help Select the Best Reverse Mortgage Option For You. - 02/26/12 02:15 PM
 Questions To Ask To Help Select the Best Reverse Mortgage Option For You.
 To help determine the best option for you, ask yourself the following questions: 
 Is a large part of the available funds being used to pay off a mortgage or debt?
  Will you be living in your home beyond 5-7 years?
Is a fixed rate more appealing to you over a variable or adjustable rate? Will you sleep better at night knowing your interest rate is fixed?
If the answer is yes to some or all of these questions, you may be inclined to prefer the fixed … (0 comments)

fees: A Description of Reverse Mortgage Rate Options and Payment Plans - 08/20/11 07:26 PM
Once you decide you want to get a reverse mortgage, the next important decision is the rate option selection.  For people with large mortgages to pay off, it’s a fairly easy choice with the fixed rate lump sum option.  But if you need little cash initially and want to use the funds gradually over time, the line of credit or monthly payment option may be best and for this you must choose a variable rate option.  Then there’s the choice of standard or saver.  If you want the maximum dollar amount you must pay the full 2% MIP.  If you can … (4 comments)

fees: Why Real Estate Agents Need to Know Reverse Mortgage Purchase Guidelines - 06/02/11 09:20 AM
I see it all the time, a buyer tells their agent they want to make an offer on a home and they plan to use a reverse mortgage for the financing.  The agent writes the offer as usual without considering the special requirements for the reverse mortgage. In this most recent example, six weeks went by before the buyer came to me for help.  They were working with a national reverse mortgage lender who didn't even know the guidelines!  What he learned was, their as-is offer would never work!  Six weeks waisted! 
 
The reverse mortgage purchase program allows senior homeowners … (4 comments)

fees: Low Cost Reverse Mortgage Now Zero 0 Origination Fee for Fixed Rate 4.99% - 04/27/11 01:48 PM
Pricing has improved on the Fixed Rate HECM Reverse Mortgage and we are now able to offer the 4.99% rate with no origination fee. (request APR) This pricing will not last forever, so if you are a Senior homeowner, at least 62 years of age and interested in getting a reverse mortgage, now is the time! 
 

 
Call Maggie O'Connell 800-489-0986  American Pacific Mortgage (Specializing in Reverse Mortgages for 18 years!)
email: maggie@rmstore.net
Cal DRE # 01215943 / 01151456 NMLS # 1850 / 279499 Nevada Lic. # 168 & 45747 Equal Housing Lender
 
                     www.ReverseMortgageStore.com     … (6 comments)

 
Maggieoconnell_b Rainmaker_large

Maggie O'Connell

Livermore, CA

More about me…

American Pacific Mortgage - Reverse Mortgages

Address: 1548 Catalina Ct. Livermore, CA 94550, Livermore, CA, 94550

Office Phone: (800) 489-0986

Cell Phone: (800) 684-9438

Email Me

In this blog, I go into detail on reverse mortgage information through questions seniors and their families ask, industry news and current events, new program & rate options, client stories and experiences and more. From my 20 years experience as a reverse mortgage specialist, I can help guide and educate you and answer the question, is a reverse mortgage right for you and if so, what is the best option with lowest costs, interest rates and payment plan. I am easily accessible and will be happy to talk with you. Maggie O'Connell direct line 800-684-9438. American Pacific Mortgage maggie@rmstore.net www.RMStore.net Cal DRE# 01151456 #01215943 NV #45747 #164 NMLS #279499 #396955 #330948 #1850 Licensed by the Department of Corporations under the California Residential Mortgage Lending Act. Equal Housing Opportunity


Listings

Links

Archives

RSS 2.0 Feed for this blog