Reverse MortgageCE Credits in Bend, Oregon: Sharon Falvey and Security One Lending Go After Sleeping Giant

Southern Oregon Reverse Mortgage Question - Can I get a reverse mortgage if my property is in a trust?   Most of the time the answer is yes. The trust must be revocable and all beneficiaries of the trust must be eligible borrowers. The trustee must have the power to encumber real property (get a...

Reverse Mortgage Question from Klamath Falls - "Sharon, what is MIP?"MIP is an acronym for Mortgage Insurance Premium. It is the cost of the insurance policy that is purchased at the time of funding an FHA (another acronym) loan.  MIP is charged in both forward and reverse FHA loans.  Purpose of...

  Klamath Falls Reverse Mortgage Question - How Much Can I Borrow?  I’m 66.For an personal estimate on reverse mortgage proceeds, contact a reverse mortgage consultant or a HUD Approved HECM Counselor.  But - based upon rates available today, 2/1/2011 here is a sample scenario that might help to ...