Of course not!  Just because you may meet the minimum age requirement of 62 years of age, that  does not mean that a reverse mortgage is right for you.  One of the first questions my clients ask me is "what's the catch"?  Well, there is no "catch", but there are factors to consider.  These include cost of obtaining a reverse mortgage, and how it will affect your overall financial picture.  The only way to answer the question if it is right for you, you simply must speak with a qualified reverse mortgage specialist.  For more information, please visit my site, http://www.acaliforniareversemortgagelender.com/ or call 1-800-355-1211. 
 
This post has been included in California Real Estate News

5 Comments on Are Reverse Mortgages for Everyone?

NOV
18
2007
406,115 Points 1 Featured Post Outside Blog

Good post Greg,

Do you do many reverse Mortgages? I know they are becoming more popular.

Sean Allen

7:47am • #1
Reverse mortgages can be excellent for the right person, great info
8:15am • #2
278,554 Points 6 Featured Posts Outside Blog
Greg, welcome to the network and congratulations on your first post.
9:05am • #3
113,220 Points

Greg:

Welcome aboard activerain!  How's your business out in LA.  Brkers in Virginia are slow and slower, traffic-wise.

 

Good luck!

9:32pm • #4
NOV
19
2007
Active Rain is the only community that I have joined to such a warm welcome.  Thanks to all!  To answer some of the questions.... yes, business is good.  The popularity of reverse mortgages as a viable and beneficial tool is increasing.  If I can provide any additional information to anyone in the community, don't hesitate to call on me.  Thanks!  Greg Plum, Academy Mortgage, LLC,  www.acaliforniareversemortgagelender.com , 800-355-1211
Thanks for the warm welcome!
10:47pm • #5


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Greg Plum

Wilmington, DE

More about me…

Academy Mortgage, LLC

Office Phone: (877) 240-7020

Cell Phone: (302) 530-1666

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