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Reverse Mortgage Group Home About Reverse Mortgage Group Reverse Mortgages Pros vs Cons Fixed Rate vs Adjustable Rate How You Can Use the Money Reverse Mortgage Glossary Frequently Asked Questions Reverse Mortgage HECM Application Reverse Mortgage Articles Contact Reverse Mortgage … Continue reading
Convert your Home Equity into Cash Money without Changing the Ownership
If you are 62 years of age or older and are in need of urgent cash, the idea for applying reverse mortgage loan is a good option. You may find yourself in a situation when you need cash but cannot … Continue reading
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Reverse Mortgages in California, Florida, and Arizona
Now that homes are upside down in the states of California, Florida, and Arizona, the regions hit hardest by the economic collapse, seniors are looking for ways to supplement their income to keep their home and memories. Seniors that took … Continue reading
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RMG NEWS : CCOA Announces Free HECM Counseling
Credit Counseling of Arkansas (CCOA) announced that it will be providing free reverse mortgage counseling to customers as of today. An $18,000 federal government grant from the U.S. Department of Housing and Urban Development (HUD) will allow CCOA to provide … Continue reading
Posted in General, Questions About Reverse Mortgage, RMG News
Tagged CCOA, Credit Counseling, HECM, HUD, reverse mortgages
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RMG NEWS : Fannie Mae Updates 1009 Loan Application
Fannie Mae (FNMA) has updated its reverse mortgage loan application (1009). The GSE updated the 1009 to comply with the Federal Housing Finance Agency (FHFA), and the Federal Housing Administration (FHA) requests to capture additional data during the loan origination/application … Continue reading
Adjustable rate home equity conversion mortgage
The Home Equity Conversion Mortgage (HECM) is FHA’s reverse mortgage program which enables you to withdraw some of the equity in your home. You choose how you want to withdraw your funds, whether in a fixed monthly amount or a line of credit or a combination of both. Continue reading
Reverse Mortgage HECM Application
Reverse Mortgage HECM Application Please fill out every field in this contact form and a representative will contact shortly to discuss your reverse mortgage options. If you are curious why we can’t give you an estimate without speaking to you, … Continue reading
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