Tag Archives: Reverse


Just open your mailbox or flip on the TV. In your mail your getting tons of solicitations and on TV are recognized spokespeople talking about the reverse mortgage. Even with all of this information being thrown at us most sixty Read more…


A reverse mortgage wholesale product is not directly available to you as an applicant for a reverse mortgage. It is sold to a lender at a discounted (wholesale) interest rate, and the lender then offers it to you after adding Read more…


Reverse mortgage may be a very effective answer to your financial unsettlement. However, it is very important that you have a clear idea about the different dimensions of the affair. This would help you make the best of your transactions. Read more…


The first reverse mortgage was offered by Deering Savings & Loan of Maine in 1961 to a woman named Nellie Young the wife of the loan officer’s deceased football coach. Reverse Mortgages gained widespread recognition in 1988 when HUD administered Read more…


In common language, it’s the opposite of a traditional mortgage. Instead of you paying a mortgage payment to a mortgage company…the mortgage company makes the payment to you every month! The loan amount is based on the current equity in Read more…