If you are looking for ways to unlock the equity in your home and re-position those assets for your immediate and future benefit, you need to work with a Reverse Mortgage Specialst. Someone who is knowledgeable and experienced and who cares enough to put YOU and your family first before the sale. There are fewer "reverse mortgage specialists" than you think and the list does not include Robert Wagner, Fred Thomson or the Fonz. Internet shopping is a fine place to start since you may not know anyone personally who has a reverse … (0 comments)
When the day comes that California homeowners (age 62 or older) decide to look into a senior home loan (a reverse mortgage) finding the right professional is key. It is not enough for a home loan specialist to have a license. A seasoned professional who is attentive and knowledgeable will provide the kind of service you need. A good communicator will provide all the information you need both written and verbal. A specialist will be up-to-date on all the current loan types available and any guideline changes. For example, the starting date for … (0 comments)
March 2, 2015 is the scheduled date for major changes* to the Reverse Mortgage guidelines. Retirees, baby boomers and homeowners who have been delaying getting informed about this special home loan (for which you must be 62 to qualify) would be wise to get started NOW. Why? If you move quickly you can have an application completed and an FHA case number assigned to you prior to March 2, 2015 and your application will fall under the current guidelines which are less stringent.
Here is a quick look...... 1. A financial assessment could make it tougher to qualify. … (2 comments)
Choosing a Reverse Mortgage Specialist Serving the Sacramento area
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