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delmer01
39 Posts |
 Posted - 06/20/2008 : 12:13:26 PM
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| RETIRED STATED 50%LTV SIVA OR SISA C/O FLORIDA |
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Layne Jones
1478 Posts |
Posted - 06/20/2008 : 12:20:35 PM
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| You are about to get hit with a hundred responses about reverse mortgages...Anyways, what is the FICO,property zip code, and loan amount? Also, is the property free n clear? |
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Cliff_Auerswald
388 Posts |
Posted - 06/23/2008 : 08:01:34 AM
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do you guys have your own senior foreclosure department?
quote:
Originally posted by Layne Jones
You are about to get hit with a hundred responses about reverse mortgages...Anyways, what is the FICO,property zip code, and loan amount? Also, is the property free n clear?
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Cliff_Auerswald
388 Posts |
Posted - 06/23/2008 : 08:05:33 AM
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Delmer, we call that a REVERSE MORTGAGE over here. The reverse mortgage is not right for everyone but I do think if you have a senior borrower you should at least provide them this option. There is no income, credit score, asset or employment requirements. And best of all they may be able to retire that mortgage payment for LIFE.
here is link to quote request & DVD
http://www.allrmc.com/free_reverse_mortgage_information.php
take care
-C
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WorldWideWayne
1948 Posts |
Posted - 06/23/2008 : 08:06:08 AM
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Cliff
Why would anyone want to give a senior a secure future with a reverse mortgage when they can sell them SISA at 8.5% and make a ton of YSP to boot.
Layne, does Wachovia offer reverse mortgages?
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WorldWideWayne
1948 Posts |
Posted - 06/23/2008 : 11:01:37 AM
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| Layne? |
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