June

June 25, 2017

These are some benefits of reverse mortgages, Tallahassee, FL

Reverse mortgages, Tallahassee, FL are one of the options you can take when shopping for a home loan. But what exactly are the benefits of this particular type of loan? Read on… as in this post, we will be discussing some benefits of reverse mortgage, which might help you decide whether to go for it or not. You remain the owner of your property. As opposed to the popular belief that the lender takes ownership of your property, a reverse mortgage allows you to remain as the owner of the property, provided you comply with the terms of the loan and faithfully pay your taxes and insurance. Monthly payment not needed. This is why reverse mortgages are attractive to borrowers. There is no monthly premium; payments are made to you instead; that is, as long as you live in your home. Indeed, quite different from a traditional forward mortgage. Housing market protection. You do not need to worry if there are market declines on mortgage as you are protected. The reason is that reverse mortgages, Tallahassee, FL are insured by the government. With federal insurance, there is greater security. If the loan ends up to an amount that is more than the value of the home when sold, the government will shoulder the difference. That means to say, the loan will be paid in full using only the proceeds your home sells for, and no more. There are several options of disbursement. Lenders acknowledge the fact that each and every […]
June 25, 2017

Benefits of reverse mortgages, San Jose, CA

Reverse mortgages, San Jose, CA are one of the options you can take when shopping for home loan. But what exactly are the benefits of this particular type of loan. In this post, we’ll be sharing some benefits that might help you make the best option. Monthly payment is not a requirement. This is why reverse mortgages are attractive to borrowers. Instead of paying monthly premium, payments are made to you; that is, as long as you live in your home. Indeed, quite different from a traditional forward mortgage. You remain the owner of your home. Contrary to the popular belief that the lender takes ownership of your home, a reverse mortgage allows to remain as the owner of your property; that is, as long as you comply with the terms of the loan and religiously pay your insurance and taxes. Medicare and Social Security benefits are not affected. Government benefit programs that do not test financial resources, such as Social Security and Medicare, are not affected by reverse mortgages. The reason for this is that reverse mortgages are considered loan proceeds and not income. There are several options of disbursement. Lenders recognize the fact that each and every senior has different needs; thus, several disbursement options are available for you to choose from. You can choose to receive funds in full or partial sum, monthly payments, a line of credit, or a combination of any of the options. Housing market protection. If there are market declines mortgage, no worries […]
June 25, 2017

Some benefits of reverse mortgages, San Antonio, TX

Reverse mortgages, San Antonio, TX are one of the options you can take when shopping for home loan. But what exactly are the benefits of this particular type of loan? In this post, we’ll be sharing some benefits that might help you decide whether to go for it or not. No monthly payment required. This is why reverse mortgages are attractive to borrowers. Instead of paying monthly premium, payments are made to you; that is, as long as you live in your home. Indeed, quite different from a traditional forward mortgage. You remain the owner of your home. Contrary to the popular belief that the lender takes ownership of your home, a reverse mortgage allows you to remain as the owner of your property; that is, as long as you comply with the terms of the loan and religiously pay your taxes and insurance. There are several options of disbursement. Lenders recognize the fact that each and every senior has different needs; thus, several disbursement options are available for you to choose from. You can choose to receive funds in full or partial sum, monthly payments, a line of credit, or a combination of any of the options. Housing market protection. If there are market declines mortgage, no worries as you are protected. The reason is that reverse mortgages, San Antonio, TX are insured by the federal government. With federal insurance, there is greater security. If the loan ends up to an amount that is more than the value of […]
June 9, 2017

Reverse Mortgage La Jolla CA

Looking for the best reverse mortgage with the lowest mortgage rates in La Jolla, CA! Call HomePlus Mortgage! 800.810.7587 We Offer the Highest Level of Personalized Customer Service and the Most Competitive Rates in the Industry. Looking for the best reverse mortgage in La Jolla? You need to talk with the mortgage professionals at Home Plus Mortgage! Home Plus Mortgage ensures that you get the absolute best rate with the best Home Loans in the current La Jolla mortgage loan market.   Pick up the phone and call us right now! Our goal is to provide you with the highest level of service and most convenient, competitive mortgage loan refinance. Now is the time to take advantage of the lowest mortgage rates we’ve ever seen! Don’t wait, interest rates can’t stay this low forever. – Home Loans – FHA Loans – VA Loans – 30 Year Loans – 15 Year Loans – 7/1 ARM – 5/1 ARM – Jumbo Loans – Low Interest Rates – Pre-Approved Loans – Refinance Loans – Cash Out Loans – Debt Consolidation – Mortgage Calculator Even if you’re working with another lender, there’s no obligation and it’s highly likely that we’ll get you a better interest rate and save you a ton of money over the life of your home loan refinance. With our large selection of programs, we can often qualify you for a home loan even if you have been turned down elsewhere. Don’t make a mistake! Home Plus Mortgage professionals are dedicated […]