learn: What Is The Best Reverse Mortgage Option For You, Fixed or Adjustable Rate, Lump Sum or Credit Line?
- 01/26/12 10:13 AM
The most common and important discussion I have with my clients is regarding the payment plan and interest rate option. Someone I’ve been talking with over the past 2 years announced she was ready to do the reverse mortgage and wants the most money she can get. She stated very emphatically that she wanted the fixed rate with a lump sum draw. So I suggested we talk further and I started asking questions.
How long do you intend to stay in your home? She felt five years was the maximum time she would live there as the home … (0 comments)
learn: Why I Love Doing Reverse Mortgages
- 08/12/11 10:16 AM
I work in the reverse mortgage field because I love what they do for people. Reverse mortgages really makes a difference in their lives. I know because my clients tell me. And I feel it’s important to educate and inform because for some reason, reverse mortgages are a target for misconceptions and down right false statements. First of all people seem to love to give financial advice on this particular program, even if they don’t know a thing about it. They use words like.. don’t do it… the bank owns your house, your kids won’t get anything.. I advocate education and … (0 comments)
In this blog, I go into detail on reverse mortgage information, through questions seniors and their families ask, industry news and current events, new programs; 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 800-489-0986
maggie@rmstore.net www.ReverseMortgageStore.com
NMLS #279499 Equal Housing Opportunity/ 411500
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