Rob Jones is a loan officer at Sun American Mortgage who is a seller and servicer of the government insured Reverse Mortgage or HECM (Home Equity Conversion Mortgage). Rob knows Reverse Mortgages backwards and forwards. Over twenty years ago, Sun American closed the first Reverse Mortgage in the Southwest and has helped thousands of seniors [...]
Articles tagged with: reverse mortgage
Written By: admin on March 8, 2010
No Comment
1. Am I eligible for a Reverse Mortgage? • To qualify for a reverse mortgage, you must: • Be at least 62 years ancient. In the case of a couple or co-owners, both must be 62 if they want their names to be on title of the home. • Be a homeowner with enough equity [...]
Written By: admin on November 12, 2009
One Comment
i want to pay off my mortgage and subdivide into lots to build houses on
Tags: decline, estate fraud, FHA, fraud news, home loans, land mortgage, mortgage, mortgage fraud, mortgage portfolio, mortgage rates, news 6, real estate, reverse mortgage
Written By: admin on October 29, 2009
One Comment
I am helping my dad restructure 2 mortgages which are both 2-3 mo’s late. What is the best way to do this? He tried himself in the past, but feels now that he is late, it is best to let a professional handle and negotiate for him. But, the co’s all seem to charge fees [...]
Written By: admin on October 22, 2009
2 Comments
I want to bid on a land lot, but want to find out how much the owner owes in mortgage first. Do the land records have this? Can I get the mortgage balance online ?
Tags: claim deed, financial planning, firestorm, land mortgage, London, mortgage balance, mortgage loans, reverse mortgage
Written By: admin on October 9, 2009
One Comment
The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high?
Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to huge businesses.
Huge businesses then had to cut back on expenses and started to [...]
Written By: admin on September 14, 2009
No Comment
Is this legal? How much info can the college give to the lender, if any?
Tags: algosaibi, current mortgage, executive leather, foreclosure, grain leather, hard money lender, home buying process, investing for beginners, investment team, leather chair, lender, lenders, loan modification, money loan, mortgage guides, mortgage lender, mortgage lender, mortgage lenders, private money, real estate investment, [...]
Written By: admin on September 10, 2009
No Comment
is it possible to get an FHA home loan to buy land? You could then borrow against the land to fund your plotting to build a house.
Any thoughts would be appreciated
Tags: card debt consolidation, debt consolidation loans, debt loans, economics profession, equity credit lines, family projects, federal insurance, fha home loan, fha home loans, government [...]
Written By: admin on August 21, 2009
One Comment
I was wondering if my current mortgage holder would be more motivated to give my potential home buyer a loan than some other bank would. If I sell my house but the buyer uses some OTHER bank MY bank looses the income from holding the mortgage. So would the buyer have an simpler time getting [...]
Written By: admin on August 10, 2009
One Comment
i havent received my 1098 from my mortgage lender, but i got a 1099…do i still get a 1098 or is the 1099 all i’m getting?
Tags: atlanta fha, blog, FHA loan, first time home, First Time Home Buyer Mortgage, First-Time Home-Buyer, mortgage broker, mortgage lender, mortgage lender, mortgage loan, mortgage mistakes, orlando market, reverse mortgage, [...]
| National Reverse Mortgage Lenders Association Web site for consumers interested in learning more about reverse mortgages. www.reversemortgage.org | |
| Reverse mortgage - Wikipedia, the free encyclopedia A reverse mortgage (or lifetime mortgage) is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. ... en.wikipedia.org/wiki/ | |
| Reverse Mortgages, Reverse Mortgage Education Program, - AARP AARP Foundation's Reverse Mortgage Education Program helps older homeowners make informed decisions about reverse mortgages. www.aarp.org/money/personal/ | |
| Reverse Mortgage Basics The amount you owe on a reverse mortgage grows larger and larger. ... See the three kinds of reverse mortgages and how total loan costs differ. ... aarp.org/.../personal/ | |
| Comfortable Retirement with a Reverse Mortgage – Wells Fargo ... If you're a homeowner who is 62 years of age or older, a reverse mortgage can help you enjoy a more secure retirement. www.reversemortgages.net | |
| Consumer Information on Reverse Mortgages Independent non-profit organization established in 1981 to educate consumers about reverse mortgages. www.reverse.org | |
| reverse mortgages? how do they work? A reverse mortgage is a loan against your home that enables you to convert a portion of your home's equity in tax-free income. ... answers.yahoo.com/question/ | |
| Top Ten Things to Know if You're Interested in a Reverse ... The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program which enables you to withdraw some of the equity in your home. ... www.hud.gov/offices/hsg/sfh/ | |
| Which is better, a reverse mortgage or a regular home equity loan? Reverse Mortgage versus a home equity loan •You must be age 62 or older to qualify for a reverse mortgage. •Regular home equity loans require you ... answers.yahoo.com/question/ | |
| Reverse Mortgage of Texas Our reverse mortgage products are powerful retirement planning tools that allow seniors age 62 years to tap into their home equity and earn tax-free income. ... www.reversemortgageoftexas.net | |
