mortgage: Mortgage Broker in Waterford, Michigan Explains "Reverse Mortgages" a Home Refinance Option for Seniors - 09/29/08 12:14 PM
Economic times are especially tough for seniors today. Many have worked for years expecting a nice pension, just to have the rug pulled out from under them when the company folded or they just cut back on benefits. Others are forced to continue working well into their 70's and 80's. Some … (0 comments)
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mortgage: Mortgage Broker in Waterford, Michigan Explains "Reverse Mortgages" a Home Refinance Option for Seniors - 09/29/08 12:13 PM
Economic times are especially tough for seniors today. Many have worked for years expecting a nice pension, just to have the rug pulled out from under them when the company folded or they just cut back on benefits. Others are forced to continue working well into their 70's and 80's. Some … (0 comments)
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mortgage: “Conventional Mortgages” “Reverse Mortgages” “Refinance Property” “Senior Care” “Long-Term Care” “Individual Health Care” “Family Health Care” “Group Health Care” “Retirement Plans” “Disability Insurance” Waterf - 09/08/08 10:57 AM
Pillar Financial Corporation offers more than just mortgages. We offer assurance through finance, investment and retirement product-solutions that can help make sure things you expect to happen, will.
Pillar Financial has the unique distinction of being the home of the original Senior Care Package and Family Care Package.
Senior … (0 comments)
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mortgage: Clearing up Misconceptions about "Reverse Mortgages" for Seniors in Oakland County, Michigan - 08/31/08 01:31 PM
Reverse Mortgage Misconceptions
1. Reverse Mortgages are only for desperate seniors, or for the "house rich, cash poor." --INCORRECT. The reverse mortgage is an excellent financial planning tool that has been used by homeowners from all walks of life to enhance their retirement years. While some have needed the cash … (0 comments)
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mortgage: Understanding "Reverse Mortgages" for Seniors "HECM" FHA and HUD Regulated Refinance Programs for Michigan Seniors - 08/31/08 01:21 PM
Reverse Mortgage Fact Sheet
1. Definition: A reverse mortgage is a unique financial tool that enables homeowners ages 62 and over to tap into their home's equity, receiving either a monthly income, lump sum of cash or a line of credit. There are no income or credit qualifications and there … (0 comments)
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mortgage: Pillar Financial in Waterford, Michigan offers "Term Life Insurance" and the Family Care Package - 08/30/08 04:29 PM
Term Life Insurance
Term insurance, as the name implies, provides protection for a particular term or length of time and therefore pays a benefit only if you die during the term. Term insurance is the lowest premium life insurance product available, since you are purchasing pure life insurance protection. There is … (2 comments)
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mortgage: Family Financial Planning: Child Guard "Life Insurance" Plan for up to Age 23 - West Bloomfield, Michigan - 08/30/08 04:26 PM
ChildGUARD
The life of a child brings excitement and wonder into every family. Although you have a healthy child today, it's hard to predict what his or her future will bring. As a parent or grandparent, you have the opportunity to provide protection for your child or grandchild now and guarantee … (2 comments)
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mortgage: Family Care Package - Special Financial Program for Family and Individual "Health Care" and "Disability Insurance" - 08/30/08 04:09 PM
Pillar Financial Corporation offers a unique package we call the Family Care Package and includes the following:
Individual Health Care Plans
Group Health Care
Family Life Insurance
Family Health Care
Individual Disability Coverage
Group Disability Insurance
Group Retirement Plans
Family Security Fund
The Illinois Mutual Family Security Fund provides … (1 comments)
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mortgage: Health Care Options for Seniors and "Reverse Mortgage" Refinancing in Michigan - 08/30/08 03:04 PM
News Release from the National Reverse Mortgage Lenders Association
May 10, 2001
FOR IMMEDIATE RELEASE
Contact: Glenn Petherick, Director of Communications,
NRMLA, 202-939-1753
Reposted by Ted Lewicki of Pillar Financial Corporation
Seniors Discover New Health Care Financing Options in Reverse Mortgages
- Free, New Consumer Guide Available -
Washington, … (0 comments)
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mortgage: Financing "Long-Term Care" Senior Care Program, FHA "Reverse Mortgages" Home Equity Conversion Mortgage (HECM) - Lake Orion, Michigan - 08/30/08 02:30 PM
The Pillar Mortgage exclusive Senior CARE Program
Example:
Mr. Hutton is 74 years old and his wife is 72 years old. Their home has been appraised at $300,000 and they own it free and clear of mortgage. They qualify for a reverse mortgage and are eligible for a lump … (0 comments)
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mortgage: Understanding "Reverse Mortgages" for Seniors age 62 and up, the "HECM" Government Regulated Refinance Option-Waterford, Michigan - 08/30/08 02:16 PM
Reverse Mortgages are an excellent way to access the equity in your home to pay off your existing mortgage and enjoy financial stability for your retirement years. You can use your proceeds for anything you want to; home improvements, pay bills, reduce debt or buy gifts for grand children.
With … (0 comments)
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mortgage: Ted Lewicki is Awarded a Certificate of Appreciation on Behalf of Waterford, Michigan Homeowners, for Excellent "Mortgage" and "Insurance" Services - 08/30/08 01:39 PM
Waterford, MI-Ted Lewicki recently attended a meeting to discuss options for distressed homeowners in foreclosure or pre-foreclosure. He talked about one of his recent customers, a senior living on a very limited income, where her mortgage payment took a big chunk of her monthly income. "Seniors who are 62 and … (0 comments)
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mortgage: Mortgage Application and Rental Income Guidelines: Conditions to Meet in order to Claim the Income from Rental Property - Waterford, Michigan - 08/30/08 10:22 AM
Rental income - Rent from boarders in a single-family property that is also the borrower's primary residence or second home may not be considered as acceptable income. For borrowers that intend on vacating their current primary residence, a copy of a lease agreement signed by proposed renters (this may be from … (0 comments)
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