0
What else can I help you with?
Where can one find information on reverse mortgage counseling?
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.
Where can I find a list of the best reverse mortgages?
There is a good website online that lists the best reverse mortgages. You can look at the reviews by going to http://www.thebest-mortgage-rates.com.
What are some good reverse mortgage leads?
Reverse Mortgage Leads can be purchased online at quite a few different sites. I thought that this information would be free. Leads will cost you money but you can go on to youtube to watch a video for a free lead.
What reverse mortgage calculator is the best one?
Opinions vary about which reverse mortgage calculator is the best, but a very good one is the AARP Reverse Mortgage Calculator. It provides estimates for two different reverse mortgage programs to tell you how much money you might receive under the plan.
How does one look up mortgage rates in canada online?
Mortgage rate Canada is a good place to inquire about or look up information on mortgage rates in Canada. Syndicate Mortgages is another place to find mortgage rates information for Canada.
What is one company that offer reverse mortgage quote's?
You can contact any mortgage company or bank or you can call AARP and they will help you to get the quote you are looking for. your phone book is also a good place to look.
What are the features of a reverse mortgage?
You can find the features of a reverse mortgage at www.aarp.org/money/personal/reverse_mortgages/ - . ANother good website is www.reversemortgage.org/Default.aspx?tabid=658
Where can I learn more about reverse mortgage fees?
Reverse Mortage Fees (RMF) are basically mortgage fees, backwards! Instead of the bank paying you money, you have to pay the bank money for mortgage. This can be good and bad.
What are the benefits of a reverse mortgage?
A good thing about reverse mortgage is that it does not have to have any income to qualify. Like the regular mortgage, it doesn't have any monthly loan payments. When your property gets sold, your mortgage will get paid off without any risk.
Can you qualify for a Reverse mortgage with balance owed on original mortgage?
Yes. The reverse mortgage must however pay off the existing mortgage balance, which means you need some equity to make the qualification work. If there is not enough equity in the home to qualify for a reverse mortgage you may choose to bring in the amount needed to finish paying off the existing mortgage- thus eliminating the mortgage payments for good.
Is American Reverse a good mortgage company?
With so many mortgage companies in trouble American Reverse provides great service and good rates. They come highly recommended by those not interested in large corporations.
Is getting a reverse mortgage a good idea?
A reverse mortgage is for older individuals to borrow against their homes. This allows them to not have to sell there home and the bank to make monthly payments to the owner.
