hecm for purchase: Up-Sizing in Grants Pass, OR- Reverse Mortgage Purchase to the Rescue
- 03/09/12 06:12 AM
Up-Sizing Made Easy Thanks to a Reverse Mortgage for Purchase, Sassy senior citizen, Laury Laursen, is revved up and ready to party in her new home in Grants Pass. She is no stranger to town as she owns a home just around the corner from the home she just purchased. Though she liked the home and the neighborhood she was living in, she likes to shop and it just wasn’t big enough for all of her “crapola”. Up-sizing was the only solution so she turned to Nadine Petel of Security One Lending for help. Who Qualifies for a HECM Purchase? … (1 comments)
hecm for purchase: 50% Down and No Payments: Really?
- 02/01/12 06:18 AM
50% Down and No Monthly Payment- You're Kidding! Buying a home with a Reverse Mortgage Purchase loan: What an amazing concept! Purchasing a home with a reverse mortgage is done by using the same program you use when refinancing but applying it in a slightly different way. The homeowner is still required to have equity in the home, however instead of accumulating that equity over time, they are required to put the equity into the home in the form of a down payment at the time of purchase. An example of a reverse mortgage purchase transaction would be a sale price … (0 comments)
Up-Sizing Made Easy Thanks to a Reverse Mortgage for Purchase, Sassy senior citizen, Laury Laursen, is revved up and ready to party in her new home in Grants Pass. She is no stranger to town as she owns a home just around the corner from the home she just purchased. Though she liked the home and the neighborhood she was living in, she likes to shop and it just wasn’t big enough for all of her “crapola”. Up-sizing was the only solution so she turned to Nadine Petel of Security One Lending for help. Who Qualifies for a HECM Purchase? … (1 comments)
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