Your counselor will provide basic
information on reverse mortgages, key HECM program features, a review of implications of this financing tool, and any explanation or resources for remaining questions you may have.
Alban is a personal finance writer at Home Loan Finder, which offers
information on reverse mortgages.
For more
information on a Reverse Mortgage please feel free to contact me directly.
For more
information on a reverse mortgage from WSFS Bank, please contact WSFS Mortgage Loan Officer Henri Belcher - Stack, NMLS # 732585, through the form below.
This article investigates one of those options, which is called Equity Key, and contrasts this program with
information on reverse mortgages.
As always, reach out to a HomeBridge Mortgage Loan Originator for more
information on reverse mortgages for seniors.
Not exact matches
When doing research
on reverse mortgage information, you may come across some terms that are unfamiliar to you.
A well - qualified professional lender will be properly licensed to originate
reverse mortgages, and will have their licensing
information posted
on their website and in their office.
For more
information on how this financial tool could work for you, contact an American Advisors Group HECM for Purchase
reverse mortgage professional at 1-888-998-3147.
Keep in mind, however, that this
information on how to get out of a
reverse mortgage does not apply to all
reverse mortgage transactions, as it is only limited to properties that are already owner occupied.
You can properly educate yourself by requesting free
information online, attending a
reverse mortgage counseling session, conducting your own research
on the
reverse mortgage facts, as well as speaking honestly with a licensed
reverse mortgage professional about your questions and concerns.
For additional literature and advice
on how you can help you plan for long - term care with a
reverse mortgage loan, view our
information page.
HUD Office of Inspector General Hotline, GFI 451 7th Street, SW Washington, DC 20410 Toll free: 1-800-347-3735 TDD: (202) 708-2451 For more accurate and timely
information regarding
reverse mortgages please fill out the Contact Me
on our website.
For more
information on the fees charged
on Reverse Mortgages, consult the
Reverse Mortgage rates and fees article.
• A
reverse mortgage lender must give the borrower a statement prepared by the local or county office
on available independent counseling and
information services.
As members of the Senate gather
information about Treasury Secretary nominee Steven Mnuchin and come across data
on reverse mortgage foreclosures, we urge them to consider the context for the numbers and the fact that with these loans, foreclosure and eviction are not synonymous.
This
information sheet (INFO 185) sets out how credit licensees should use the
reverse mortgage calculator
on ASIC's MoneySmart website.
For more
information on how you can use your home equity, read the National
Reverse Mortgage Lenders Association's article here.
On April 30, 2014, Senators Chuck Schumer and Barbara Boxer sent a letter to HUD Secretary Sean Donovan urging FHA to do more to help families with existing HECMs who have received inaccurate and confusing
information about their options following a
reverse mortgage borrower's death and are facing foreclosure.
WASHINGTON, D.C. — To protect senior citizens from unnecessary fees, the U.S. Department of Housing and Urban Development has directed 8,000 FHA - insured
mortgage lenders to stop doing business with companies that charge consumers for information on HUD's Reverse Mortgage
mortgage lenders to stop doing business with companies that charge consumers for
information on HUD's
Reverse Mortgage Mortgage Program.
When doing research
on reverse mortgage information, you may come across some terms that are unfamiliar to you.
The session will provide you with further
reverse mortgage information as well as
information on other possible financial options.
A well - qualified professional lender will be properly licensed to originate
reverse mortgages, and will have their licensing
information posted
on their website and in their office.
For additional literature and advice
on how you can help you plan for long - term care with a
reverse mortgage loan, view our
information page.
You can properly educate yourself by requesting free
information online, attending a
reverse mortgage counseling session, conducting your own research
on the
reverse mortgage facts, as well as speaking honestly with a licensed
reverse mortgage professional about your questions and concerns.
Keep in mind, however, that this
information on how to get out of a
reverse mortgage does not apply to all
reverse mortgage transactions, as it is only limited to properties that are already owner occupied.