Reverse mortgage Lenders

Reverse mortgage Lenders

Choosing a reverse mortgage lender it a vital part of the process. There are many different reverse mortgage lenders both locally and nationally. Just like any other industry there are people who are deceitful and dishonest looking to scam you. When looking for a reverse mortgage lender, be aware of these five scams. Foreclosure scams – This scam involves a criminal going after a senior who is in foreclosure. The criminal works with an appraiser who is also in on the deal they …

Reverse Mortgage lenders North Carolina

Reverse Mortgage lenders North Carolina

If you live in the state and you’re over 62 years of age and you own a home. You must meet a minimal home equity requirement, but if you have enough, you shouldn’t face any obstacles when trying to take out a reverse mortgage. Reverse Mortgage North Carolina Information There are no loans available on the market that are similar to reverse mortgages. These loans are unlike all other loans. Reverse mortgages in North Carolina allow you to tap into the equity in your home and turn …

Reverse mortgage Lenders Pennsylvania

Reverse mortgage Lenders Pennsylvania

Can help you retire securely with the income you need to live well if you’re over the age of 62 and you own a home in the state. This is about the extent of the qualification requirements for this loan type, making it a swift and simple financial solution for seniors everywhere. Reverse Mortgage Pennsylvania Information There are few financial options available to seniors who wish to transform their home equity into spendable cash. A reverse mortgage is one of the best ways to …

Reverse Mortgage Lenders Direct Complaints

Reverse Mortgage Lenders Direct Complaints

We have a problem. My wife and I started a reverse mortgage with Wells Fargo and after almost 65 days, we still didn’t have approval. We called our agent and when he does take the call or calls us back – which is rare – he says everything is fine and we’ll be done soon. I called another company and they gave me a quote that was better than Wells Fargo Reverse Mortgage but they had to transfer some number from HUD before they could get our loan approved. I wrote a letter like they …

Reverse Mortgage lenders Virginia

Reverse Mortgage lenders Virginia

A reverse mortgage is a loan taken out by a retiree or elderly homeowner against equity that has been built up in the individual’s home. This loan converts equity into income, something few financial products do. Reverse Mortgage West Virginia Information West Virginia is home to many retirees who own homes and property. As a result, reverse mortgages in West Virginia are often used to secure necessary retirements income. With a high amount of property owned by individuals …