By Evans33 May 30, 2013
My parents find the best reverse mortgage. Reverse Mortgage Lenders Direct is a company which will compare the lenders and give us the best deal. I can honestly say that I could have saved all the headaches thanks to this company. They are able to compare multiple banks/lenders so they were quick in giving me multiple quotes. They are really friendly and can ask them any question about the HECM program. http://www.reversemortgagelendersdirect.com/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-rates/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-loan/ http://www.reversemortgagelendersdirect.com/alabama-reverse-mortgage/ http://www.reversemortgagelendersdirect.com/california-reverse-mortgage/ http://www.reversemortgagelendersdirect.com/florida-reverse-mortgage/ ...read more
By jecov April 23, 2013
I was able to help my parents find the best reverse mortgage - this is a company who will compare the lenders and give us the best deal. I also found this HECM Reverse Mortgages website helpful http://www.reversemortgagelendersdirect.com/Here is the important link of this site which is very helpful to me --- http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/ http://www.reversemortgagelendersdirect.com/how-does-a-reverse-mortgage-work/ http://www.reversemortgagelendersdirect.com/reverse-mortgages-pros-and-cons/ ...read more
By Scott Jensen January 14, 2012
"I would like to take a few moments of your time to give a word of praise to your outstanding customer service representatives. We just signed up our new business with your company yesterday and I have to say that is one of the biggest reasons. Like any new business owner should, I talked with several credit card processing companies. While I do believe your company is the best fit for our business, it was Salina and her clear explanations, friendly manner and her sense of really caring about our business that sealed the deal to sign up with your company. In today's market, so many say they care about customer satisfaction, but so few really give it. So, Salina, keep up the good work. We look forward to doing business with you." -- Scott Felton, Red Rock BBQ ...read more
ClearPoint Credit Counseling Solutions (CCCS), a national nonprofit, has helped over a million clients to regain their financial foothold through personalized budget, credit and debt counseling. ...read more
By ClearPoint Credit Counseling Solutions March 23, 2015
Tampa Florida Established Reverse Mortgage LenderChrisBeard divulges solutions to help stop foreclosures for seniors over age 62 who have some equity in their homes. It is imperative that seniors review their options concerning using a reverse mortgage to stop a foreclosure immediately, after the current mortgage goes into a default status the fees of attorney’s loan interest accumulation and forced place insurance can make the payoff increase by thousands of dollars more than what you may currently owe which can only make the process more complicated than it already is. Local Tampa Florida Mortgage Banker Chris Beard discloses how to stop a foreclosure with a reverse mortgage even if you are short on the equity to pay off the loan. The reverse mortgage consultant will have to determine with whom to discuss the settlement the forward lender or attorney and if the forward lender will work with us to agree upon a settlement payoff or in many instances a “short payoff” if the loan amount is higher than what is available under the reverse mortgage loan. Typically a reverse mortgage will provide a loan amount of anywhere from 50-80% of the current appraised home value, the reverse mortgage lender also offer more money the older you are. Often times to stop a foreclosure we will have to present a preliminary settlement statement or estimate to pay off the loan to the forward lender to get them to agree to a “short pay”. “Using a reverse mortgage to stop foreclosure can be complicated the worse thing is to bury your head in the sand and hope it goes away, if you want to keep your home and be in a better financial position with no further mortgage payments quickly contact a reverse mortgage consultant and give them as much detail as you can to start working on a payoff proposal and forward lender acceptance.” says Chris Beard, a mortgage originator based in Tampa Florida. For most seniors a mortgage is the single largest financial investment they will make during their lifetime. Lenders prefer to avoid foreclosure...the process is very costly for them. It may be possible that your mortgage professional will be able to negotiate with the lender to accept a payoff that is less than the loan balance due. The senior keeps their home payment free and the lender removes the non-producing loan off their books. Chris Beard has a website that will give you an quick quote of how much you might get based on your home value estimate and age. Tampa, Florida based mortgage expert Chris Beard specializes in providing information to consumers that allows them to make informed decisions about using a reverse mortgage to prevent foreclosure. Chris Beard is available for interviews and will welcome all your mortgage related questions. Call Chris Beard at 866.684.7868 for a Free No-Obligation Consultation or visit http://wwwGoLocalReverseMortgage.comfor an instant quote or proposal ...read more
By Go Local Reverse Mortgage May 21, 2012
Increase Retirement Reserves According to urban.org the amount of seniors age 65 and over will rise from about 13 percent in 2008 to 20 percent by 2040. The recession dealt a heavy blow to retirement accounts, leaving many older adults worried about their retirement security. Seniors will need options for substituting these retirement plans. Millions upon millions of them are approaching retirement age and they have been promised that the social Security is going to take care of them. The exception is that the money simply will not be there for their retirement years. These boomers should start considering other options now before they find themselves at retirement with a federal debt in the trillion’s. A few statistics explain the dire circumstances they face: · Every day over 10,000 Baby Boomers will reach the age of 65. That is going to keep happening every day for the next 19 years. · 35% of Americans at present over the age of 65 rely almost entirely on Social Security payments alone. · Most Baby Boomers do not have a pension plan because they have becoming extinct over the past 30 years · According to a recent AARP survey of Baby Boomers, 40 percent of them plan to work "until they drop".www.Alternet.org / Scott Thill The Retirement Nightmare: Half of Americans Have Less Than $2,000 Banked for Their Golden Years Reverse Mortgagescan Fund the Following: 2. Pay for Long Term Care and HealthCareSocial Security, Medicare, and Medicaid outlays, inflated by soaring health care costs and growing numbers of retirees, will squeeze out funding for other government services. Entitlement programs could dissolve an estimated 75-80 percent of all federal tax dollars by 2040. 3. Purchasing Investment PropertiesNo limitations on how the money is used. Real Estate could be a good return on the money invested at today’s low rates; Real estate is still one of the best returns on your money. 1. Purchase a 2 Home or DownsizeSeniors could use the reverse mortgage proceeds to purchase a 2 home and keep a large portion of reserves intact, additionally they could avoid having a mortgage payment on the first home. A good example would be for what some refer to as “snowbirds”. Downsizing is another option to consider, use the proceeds from a sale of primary residence, then purchase a smaller more manageable home with a reverse mortgage allowing them to keep a larger portion of the sale proceeds as reserves and avoid any future mortgage payments on new home. Cc Cover the cost of Property Taxes, Homeowners Insurance - and more...home expenses can be overwhelming if you are on a limited income. why not let the house pay for it. repairs, roof, improvements to make it accessible like ramps, bars in bathroom and other safety measures so you can stay at home and age in place. A A A ...read more
By Go Local Reverse Mortgage May 21, 2012
When a consumer secures a loan from a bank for personal use, this is called a personal banking loan. If you are interested in taking out a personal loan, you might want to know about different types of personal loans and how personal banking loans work. ...read more
If you own a financial portfolio, you probably had to deal with an investment company. Since, an investment company usually handles mutual fund operation and has many responsibilities governing the way a mutual fund is taken care of. These companies receive their funding from investor and can be publi... ...read more