In general, to be eligible for a reverse mortgage the youngest homeowner must be 62 years old or older and have sufficient home equity. Determining whether or not there is sufficient equity in the home is an FHA calculation that takes into account: Current interest rateWhether the rate will be v
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06/03/2012
FHA 255 Reverse Mortgage Program. Reverse mortgages are becoming popular in America. They can supplement retirement income and give older Americans greater financial security. A reverse mortgage is a loan that enables elderly homeowners to borrow against the equity in their homes and receive mont
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06/02/2012
A reverse mortgage is a loan for senior homeowners that uses a portion of the home’s equity as collateral. The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away. At that time, the estate has approximately 6 months to
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06/02/2012
Just got back from the 3 weeks in Asia (1 week in Thailand with the Rotary International Convention)...then on to Taiwan...such a great place. Now am back and expanding to include Reverse Mortgages as a product that we offer. Will be associating with Security 1 Lending here in Redding, CA....and
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06/02/2012
Last night at the Cascade Theater in Redding, the Theater presented the Broadway Musical “Hairspray”, directed by Jan Pulcine Leard…and it was an outstanding performance. Often on Opening Night, little things will go wrong…and last night was the exception. It was a perfect show…and the large open
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03/31/2012
This is the new updated front page of my website... If you are seeking financing or re-financing for a large, or small, commercial project, you have come to the right place. Ron Largent is an independent commercial real estate financing consultant with various national lenders, all leading compan
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03/18/2012
I am frequently called to ask what is considered in order to get financing for Self Storage-Mini Storage properties. Like all commercial property, a number of factors are considered and there is no one aspect of the application that is more critical than another…all are important. Evaluation by t
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03/15/2012
The advantages of commercial equipment leasing are very clear (1) Conserve your capital for other business needs (2) Get maximum business deductions and (3) get the most competitive financing rates available in the industry. Contact us for how you can benefit from commercial equipment leasing. Ca
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03/13/2012
We now have commercial funding for both real estate purchase and equipment purchase and leasing available. We finance and lease everything from agricultural equipment to aircraft, including computers, hardware, and software. Our suppliers are all national product leaders, and our leasing terms an
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03/12/2012
Although our primary emphasis is on commercial real estate financing, what we have found is that many of our clients, once they purchase their investment or income property, often are in need of commercial operating equipment. Through our affiliates in our national lending programs, our commercia
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03/11/2012