MORTGAGE

A Reverse Mortgage for Less

A reverse mortgage offers a way to get at the equity in a home that might not otherwise be accessible. The chief complaint has always been...

17 Dec 2010 / 3 Comments / Read More
MORTGAGE

FHA Extends $625,500 Loan Limit for HECMs

FHA Extends $625,500 Loan Limit for HECMs - December 01, 2009 The Federal Housing Administration today published Mortgagee ...

17 Dec 2010 / 2 Comments / Read More

Souther California Approved Lender

We are California's "Discount Reverse Mortgage Group". With our innovative approach, we offer you the ability to compare every reverse mortgage program from all the top lenders. This...

Southern California's Reverse Mortgage Leader

California Leader.we only offers Reverse Mortgages in our native state of California. With our expertise, discounts and locality it is no wonder why we are becoming the #1...

An Escape Route From Foreclosure Part 2

When terms of a loan are clearly illegal, violating predatory lending laws that were in place when the loan was made, one of the first courses of action...

An Escape Route From Foreclosure

If you’re facing foreclosure, coming up with a monthly mortgage payment may seem an impossible task, especially if you’re retired with limited money coming in. The solution may...

A Reverse Mortgage for Less

A reverse mortgage offers a way to get at the equity in a home that might not otherwise be accessible. The chief complaint has always been that reverse...

Hipotecas Revertidas - Los diez datos más importantes que debe saber

Las hipotecas revertidas se están haciendo muy populares en Estados Unidos. El Departamento de Vivienda y Desarrollo Urbano de EE.UU. (HUD) creó una de las primeras de estas...

Reverse Mortgage closing costs

Closing Costs Other closing costs that are commonly charged to a reverse mortgage borrower, include: Credit report fee. Verifies any federal tax liens, or other judgments, handed down...

SENIORS

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A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence or fail to meet the obligations of the mortgage. You can also use a HECM to purchase a primary residence if you are able to use cash on hand to pay the difference between the HECM proceeds and the sales price plus closing costs for the property you are purchasing.

Reverse Mortgage Solutions

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What types of homes are eligible?

To be eligible for the FHA HECM, your home must be a single family home or a 1-4 unit home with one unit occupied by the bor...

17 Dec 2010 / 0 Comments / Read More
Can I apply if I didn't buy my present house with FHA mortgage insurance?Can I qualify for FHA's HECM reverse mortgage?What is a reverse mortgage?
TRAVEL

An Escape Route From Foreclosure Part 2

When terms of a loan are clearly illegal, violating predatory lending laws that were in place when the loan was made, one of the first co...

17 Dec 2010 / 0 Comments / Read More

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....

16 Dec 2010 / 1 Comments / Read More

Can I qualify for FHA's HECM reverse mortgage?

To be eligible for a FHA HECM, the FHA requires that you be a homeowner 62 years of age or older, own your home outright, or...

16 Dec 2010 / 0 Comments / Read More

What is a reverse mortgage?

A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The ...

16 Dec 2010 / 1 Comments / Read More
Senior Discounts

Souther California Approved Lender

We are California's "Discount Reverse Mortgage Group". With our innovative approach, we offer you the ability to compare every reverse mo...

17 Dec 2010 / 0 Comments / Read More

Southern California's Reverse Mortgage Leader

California Leader.we only offers Reverse Mortgages in our native state of California. With our expertise, discounts and locality it is no...

17 Dec 2010 / 1 Comments / Read More
ECONOMICS

Will I still have an estate that I can leave to my heirs?

When you sell your home, you or your estate will repay the cash you received from the reverse mortgage plus i...

17 Dec 2010 / 0 Comments / Read More

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....

16 Dec 2010 / 1 Comments / Read More
Reverse Mortgage

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....

16 Dec 2010 / 1 Comments / Read More

Can I qualify for FHA's HECM reverse mortgage?

To be eligible for a FHA HECM, the FHA requires that you be a homeowner 62 years of age or older, own your home outright, or...

16 Dec 2010 / 0 Comments / Read More
CREDIT

What's the difference between a reverse mortgage and a bank home equity loan?

With a traditional second mortgage, or a home equity line of credit, you must have sufficient income versus debt ratio to qu...

17 Dec 2010 / 1 Comments / Read More

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....

16 Dec 2010 / 1 Comments / Read More
LONGEVITY

Reverse Mortgage Association Adopts Loan Originator Credential

In its ongoing effort to provide safeguards for seniors interested in reverse mortgages, the National Reverse Mortgage Lenders Associatio...

17 Dec 2010 / 4 Comments / Read More

Can I apply if I didn't buy my present house with FHA mortgage insurance?

Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....

16 Dec 2010 / 1 Comments / Read More

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