Money Smart by Asic is a website with lots of information about reverse mortgages, how it works , what the risks are, how much a person can borrow and about negative equity protection. People can also do their own investigation.
You can go to http://www.bestreversemortgage.com/ to find information on what banks do reverse mortgages for senions. This site also gives a lot of information regard reverse mortgages and the fraud that is being targeted towards seniors.
There are several online websites which provide information about the Wells Fargo reverse mortgages. Reverse Mortgages, American Banker and New America Media are online sources pertaining to Wells Fargo reverse mortgages.
The best place to find information about senior reverse mortgages is to contact your local bank or credit union. If one wants additional information the HUD website provides detailed information about senior reverse mortgages.
You can find out more information about reverse mortgages by visiting The U.S. Department of Housing and Urban Development website. There they have a top ten things to know list about being interested in reverse mortgages.
Reverse mortgages are for homeowners over the age of 62 only and it is based on the equity in a home. You can contact your banking institution/credit union for quotes on reverse mortgages.
Reverse mortgages are fairly complicated to understand without the help of a financial advisor or a mortgage broker. One's local financial institution is the best and most reliable source of information concerning reverse mortgages.
Sites like hud.gov and aarp.org have various articles with plenty of details explaining what they are and how they work, such as the top 10 things to know about reverse mortgages.
A good place to find out more information on reverse mortgages is your local bank/mortgage consultant. Another source of information is the National Council on Aging website.
MetLife Bank provides a lot of great information on reverse mortgages, including how to find a reverse mortgage broker. By simply providing your information, MetLife will send you an informational kit which includes a video.
The best place to find information about a reverse mortage is from a group or site which is not directly involved in supplying reverse mortgages since they will explain both the pros and cons of such a mortgage. The AARP has some excellent information, as does the Federal Trade Commission.
The US Department of Housing and Urban Development (HUD) has a web page on reverse mortgages for seniors and is a good place to begin learning about the advantages and disadvantages of such mortgages. See http://www.hud.gov/buying/rvrsmort.cfm to begin your research.
The U.S. Department of Housing and Urban Development has many great resources for people considering a reverse mortgage. The Federal Trade Commission also has a site dedicated to providing information about reverse mortgages. Finally, if you're in the applicable age group, you can also find information of AARP's website.