Not exact matches
I enjoy
working with homeowners
on the
reverse mortgage program because it allows me to truly help assist them in finding a solution to a problem that causes them stress, and the sincere thankfulness they tell me they have for me is very rewarding.
As you cut back
on work, replace the
work income with things like annuities and
reverse mortgages that will pay out over time in exchange for a lump payment.
If you can't understand these
on your own but can get a grasp
on them with the help of a trusted financial planner who doesn't stand to make money off your decision to get a
reverse mortgage, then that
works too.
We are a nationwide lender that takes the time to understand the goals of every client and educate them
on how the
reverse mortgage loan program
works and the ways it can be used.
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.
If you didn't before, hopefully you now know how they
work and are
on your way to determining if a
reverse mortgage is right for you.
Reverse mortgages work similar to how annuities
work — they are based primarily
on life expectancy of the borrowers.
The way a
reverse mortgage works is that instead of making monthly payments
on your home loan or line of credit from your income, you are not required to make monthly
mortgage payments — only taxes, insurance, upkeep
on the property, and HOA if applicable.
In a 2007 national report
on reverse mortgages, the AARP cited Agbamu's
work.
The Lender's role is to educate you
on how a
reverse mortgage works.
Working on a tornado damaged,
reverse mortgage short sale, out in Garland Texas and the 3rd group came out today to quote.
On Monday, April 24, at 2 pm Eastern Time, NRMLA kicks off the second annual
Reverse Mortgage Education Week with a webinar for professional in - home care providers and company executives who
work with aging Americans, and their families, to identify available financial resources and options that can be used to pay for care.
Mrs. Nonas has 17 years of combined experience;
worked at Moody \'s Investors Service covering the entire spectrum of
mortgage backed securities products and small balance commercial loans; at WestLB and Barclays Capital, was the
mortgage lead
on the risk management team underwriting over $ 15 billion in
mortgage financing facilities, established warehouse lines of credit,
reverse repurchase agreements, Asset - Backed Commercial Paper (ABCP) conduits and other credit facilities for subprime
mortgage originators and servicers; developed a process to conduct and document
on site due diligence at the counterparty \'s origination and servicing base of operations.
Our YouTube channel features videos we've created
on many topics of interest to homeowners and financial professionals including our 6 - step unique process, why we're passionate about helping seniors,
reverse mortgage myths, how
reverse mortgages work, and the process of getting a HECM.
The title company should strive to make the transactions
work for
reverse mortgage companies and understand that there are going to be more challenges with title clearance issues than are seen
on forward
mortgage products.
NRMLA collaborated with NAR to develop a webcast for Realtors that featured Scott Trembley, CEO of The Trembley Group, a real estate firm based in Myrtle Beach, S.C., and loan originator Frank McInerney of
Reverse Mortgage Funding LLC, who shared their insights
on how HECM for Purchase
works and offered practical advice for introducing this valuable tool to buyers.