I just heard a touching story of a recently widowed lady who was left with next to nothing.  A home paid in full and a pile of bills and funeral expenses.  Since she intended to live in the home from here on, the answer was simple.  She applied for a home equity - reverse mortgage.

She caught everything up and had access to more of the equity in her home if she ever needed it.  Talk about piece of mind!

The great thing is that, unlike the typical mortgage, the qualification process is a walk in the park.  The credit score and income are irrelevant because the senior doesn't repay the loan.  The loan is repaid after the senior leaves the home.  No payments are ever made until then!

If you need a reverse mortgage in Florida or Georgia, call Randall at 863-604-0169

 
This post has been included in Florida Information
Post is included in group: The FHA Mortgage Group

4 Comments on Reverse mortgage helps widow

JAN
11

Reverse Mortgage is an excellent tool for those it was intended for. I love doing those assignments, the customer is always happy and eager.

It is rough when the home is not quite up to FHA property standards. Some elderly have not been able to keep up with their homes.

11:35pm • #1
JAN
28
1 Featured Post

Randall, this may be a Godsend to a lot of people now.  I'm 53, can I qualify?  Thanks for posting.

9:14am • #2
MAR
10

thank you

Reverse Access Livedoor

Reverse Access Livedoor
5:34am • #3
SEP
14

Sorry Charlie, you aren't old enough.  Call me in 9 years.

2:08pm • #4

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Randall Schrader

Lakeland, FL

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Randall ~ @ ~ Access e Mortgage

Office Phone: (863) 604-0169

Cell Phone: (863) 604-0169

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