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)
reverse mortgages sacramento: How does a Reverse Mortgage Purchase in Sacramento preserve assets?
- 07/17/14 06:53 AM
How does a Reverse Mortgage Purchase in Sacramento preserve assets? You have probably heard that cash is kingso leaving pension, retirement funds, 401K's or other assets undisturbed avoids compromising your investments and derailing your financial goals. A plan worth considering, if and when you are ready to sell your current home, is a reverse mortgage on your next home. With a HECM loan you don't have to dig into your nest egg for future mortgage payments. All or part of the proceeds from the sale of a current home are used for the down payment on the next home. The remaining proceeds, … (0 comments)
Finding a Reverse Mortgage Specialist in California
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