line of credit: Low Cost Reverse Mortgage offer Solutions for Seniors and Boomers
- 07/21/12 11:18 AM
By Maggie O'Connell The HECM Reverse Mortgage Saver option is worth looking into. Start off right by keeping the upfront fees as low as possible. If you have a lot of equity with no mortgage or a mortgage balance that is low, you can take advantage of generating a monthly income from some of your equity. The tool to access that equity that works for retired people is a reverse mortgage. The reason reverse mortgages are so popular is because no monthly payments are required. During a time when you are drawing from your assets to support you, frequently called retirement, doesn't … (0 comments)
line of credit: Questions To Ask To Help Select the Best Reverse Mortgage Option For You.
- 02/26/12 06:15 AM
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)
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
By Maggie O'Connell
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