Special offer

Reverse mortgage helps widow

By
Mortgage and Lending with Competitive Insurance of Dundee

I just heard a touching story of a recently widowed lady who was left with next to nothing.  A home paid in full and a pile of bills and funeral expenses.  Since she intended to live in the home from here on, the answer was simple.  She applied for a home equity - reverse mortgage.

She caught everything up and had access to more of the equity in her home if she ever needed it.  Talk about piece of mind!

The great thing is that, unlike the typical mortgage, the qualification process is a walk in the park.  The credit score and income are irrelevant because the senior doesn't repay the loan.  The loan is repaid after the senior leaves the home.  No payments are ever made until then!

If you need a reverse mortgage in Florida or Georgia, call Randall at 863-604-0169

Reverse Mortgage is an excellent tool for those it was intended for. I love doing those assignments, the customer is always happy and eager.

It is rough when the home is not quite up to FHA property standards. Some elderly have not been able to keep up with their homes.

Comments
Charlie Harden
Columbia, SC

Randall, this may be a Godsend to a lot of people now.  I'm 53, can I qualify?  Thanks for posting.

Jan 28, 2009 01:14 AM
Anonymous
Reverse Access Livedoor
Mar 09, 2009 10:34 PM
#3
Randall Schrader
Competitive Insurance of Dundee - Dundee, FL

Sorry Charlie, you aren't old enough.  Call me in 9 years.

Sep 14, 2009 07:08 AM