You’ve worked hard to pay the mortgage on your home. With a reverse mortgage loan you can receive the equity that you earned. A federally insured reverse mortgage loan can help you unlock that equity by increasing your monthly income. Rest easy knowing yo
Aug 01, 2016 | Reverse Mortgage
Many homeowners have found that a reverse mortgage loan is a great way for them to take advantage of the equity they have built up in their homes.A reverse mortgage loan is different than a traditional mortgage. With a traditional mortgage loan you make m
Aug 01, 2016 | Reverse Mortgage
What is a Reverse Mortgage Loan?A reverse mortgage loan is a loan designed to allow seniors to draw upon the equity in their homes. Seniors can select to receive the loan proceeds either by a lump sum payment, by monthly installments, as a line of credit
Aug 01, 2016 | Reverse Mortgage
Below is the most common process for getting a reverse mortgage loan. Our professionals are eager to help you understand the reverse mortgage loan process. Please contact us with any questions. Step 1 - Research Reverse Mortgage Loans Speak with a mortga
Aug 01, 2016 | Reverse Mortgage
The very nature of a reverse mortgage loan can be confusing. With a reverse mortgage loan, lenders pay you either in monthly installments, with one lump sum, a line of credit or as a combination of a line of credit and monthly installments. The following
Aug 01, 2016 | Reverse Mortgage
Much like a traditional mortgage, a reverse mortgage loan does have fees associated with securing it. The following is a list explaining common fees you may have to pay when getting your reverse mortgage loan.Origination Fee – The origination fee covers t
Aug 01, 2016 | Reverse Mortgage