Reverse Mortgages
A reverse mortgage enables mature homeowners (62+) to convert part of the equity in their homes into tax-free income without having to sell their home.
The reverse mortgage "reverses" the payment stream. Instead of making monthly payments to a lender, as with a regular mortgage, YOU receive payments from the lender. This option gives you options never before available to seniors in their golden years.
The current economic conditions
has the mortgage market in a major slump
but the same situation is causing an upsurge in the reverse mortgage business. According to federal housing numbers, the number of reverse mortgages hit 112,015 in 2008 which is up from the 2005 statistic of 43,082.
Seniors are getting reverse mortgages for various reasons but one of the current popular reasons is that seniors are seeking to give their investments time to recover from their current depleted accounts.
If you do not shop and compare costs of the loan, you can find yourself paying as much as 10% of a home's value. Homeowners should shop and compare. Not all reverse mortgages are alike and you can save yourself thousands on reverse mortgage fees.
Here are the 3 Ways I can Save
You Money on your Reverse Mortgage:
I Can Help You Save Thousands Of Dollars
On:
Lender's Margin,
Origination Fees, and
Servicing Fees
Does it Pay for You to Shop Around Among Reverse Mortgage Lenders?
Of Course It Does!
I’m Offering To Show You How Much You Would Get From The Top Reverse Mortgage
Companies, And I Guarantee That You’ll Get More From Me Than From Any Of Them
You'll Get More Money From Me Than:
Senior Lending Network
Financial Freedom
Countrywide
Wells Fargo
Everbank
AARP
How Do I Do It?
I Save You $1,000’s Of Dollars On The Fees
Call Me and Save Yourself Money
To see how much money I can save you on a reverse mortgage, Call Me, Warren
H. White, Directly at 505-977-3971 or email me at
unclewarren@live.com
