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A reverse mortgage is basically a loan made solely for senior homeolders. It uses part of your home's equity as collateral and generally should be avoided unless you have no other options open.

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13y ago

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Where is a list of reverse mortgage leads?

Lists of reverse mortgage leads can be found at Red umbrella Project, Caldwell List Company, Brokers Data, Exact Sales Leads, Fidelity Data and Response Maker.


Where could someone find mortgage brokers in Canada?

Canadian mortgage brokers include Truenorthmortgage, Invis, CMB Canada Mortgage, MBAAC, Homeloan, MBC brokers, Mortgage for Less, Canada First, Brokers for Life, MTG Experts, Dreyergroup.


Where can mortgage brokers be found in Canada?

Mortgage brokers can be found at many banks, so go to your branch and ask to speak with one. They are also available online through True North Mortgage, and the website Mortgage Brokers Canada.


Where can one find mortgage brokers in London?

There are many companies and websites that offer mortgage brokers in London. Some of these websites that offer mortgage brokers are Alexander Hall and Charcol John.


Where can one find mortgage brokers online?

There are many places where one can find mortgage brokers online. One can find mortgage brokers online at popular on the web sources such as Zillow and Bank Rate.


Where can one find mortgage brokers online in California?

You can find mortgage brokers online in California by using LinkedIn. You can register on LinkedIn for free start networking and connect with some of the best mortgage brokers.


How do mortgage brokers make money?

Mortgage brokers make money directly from the borrower via a fee of some kind or from the lender or from some combination of the two). Mortgage brokers are basically middlemen. The lenders quote a "wholesale" price for the loans to the mortgage brokers and allow them to determine how much to mark up the loan.


Who offers reverse mortgages?

You can get a reverse mortgage from several places. There are both brokers and bankers in the business. Financial Freedom and Bank of America has exited the reverse mortgage market, however others are still going strong. a simple Google search will pull several up. Just make sure to shop it as you would any other mortgage to get the best terms and the right style of reverse mortgage for you. you can always check out my website as well, here are some specific lenders, but there are many more: Met Life Bank Reverse My Mortgage Wells Fargo Generations


Where can one find home loan brokers in the UK?

Home loan brokers, or mortgage brokers, are experts who speak for those looking for property mortgages. One can find home lean brokers in the UK through the site Top Mortgage Brokers.


How many mortgage brokers in the US?

150,000


How many mortgage brokers are there in Canada?

About 15,000


Do you still have to pay monthly mortgage if you have a reverse mortgage?

No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.