boca raton: Reverse Mortgages; the Fairway way (your clients deserve the best)
- 08/24/18 08:57 AM
I have a secret to tell you...I'm a baby boomer, class of 52. We grew up on service. Remember full service gas stations where they washed your window, checked the oil. Boy those were the days. so when you talk with a mortgage lender about a reverse mortgage, is it okay if they just get you started, and pass you off to someone else, or do you want full service? do you feel more comfortable when the lender who is at the end of the process, closing your loan is the same lender who was there at the beginning? the Fairway Way when you apply for an … (4 comments)
so, what do you know about a HECM Equity Line? a little? not much? nothing at all? here's some basics, which I feel are important. the equity line is guaranteed and cannot be closed at the lenders whim. even if the balance of your mortgage exceeds the value of your home, if there are available funds they can be used. the equity line grows, that's right grows on an annual basis, currently about 5% there are NO PAYMENTS! the funds are available at your descretion, … (4 comments)
boca raton: Rates: pay attention now
- 12/17/16 06:30 AM
Whether you like the election results or not, it's hard to argue that the markets don't,
Because they do.
In my life the simpliest way to look at rates is that strong economic behavior is not good for rates, meaning they will increase; and weak economic behavior is good for rates, meaning they will decrease. In our current situation I'm not so sure it's a big pickup in the economy, as much as it's a substantial increase in
Consumer Confidence
So where am I headed here, you may ask?
Actually there is a point, I'd like to make, and I'll make it very simple:
I have a secret to tell you...I'm a baby boomer, class of 52.
;)
;)
;)
