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nrossa

95 Posts

Posted - 06/27/2008 :  07:11:27 AM
Anyone do these often, or know of some of the lenders that have the program. Thanks as always in advance!
jb060310

328 Posts

Posted - 06/27/2008 :  08:30:03 AM
If you do a search on reverse mortgages, you will find a lot of useful information. There have been a lot of helpful topics in the last few months.
CitizensFinancia

73 Posts

Posted - 06/27/2008 :  08:32:32 AM
We are approved to do Reverse Mtgs as well as FHA and VA (and of course comventional) We have approx 100 lenders with a couple very good reverse lenders. If you would like to discuss, please call me 215-396-5415 or toll free 877-784-8880 x5415. Our email is joinus@citizensfinancialmortgage.com.
WorldWideWayne

2432 Posts

Posted - 06/27/2008 :  08:32:36 AM
Nick

Do you have a reverse in particular that you have some questions on? Ask away and you will get several good responses.
WorldWideWayne

2432 Posts

Posted - 06/27/2008 :  08:36:46 AM
With all due respect to Scott who is signed up with a couple good reverse lenders, ask your questions here and you will get answers from those of us that do reverse every day all day and passionately.

nrossa

95 Posts

Posted - 06/27/2008 :  09:15:40 AM
The borrower owns house F&C. High credit scores. He is 71. I'm just not sure how they work at all honestly... I know that's pretty vague, but was going to research. I just didn't knwo if anyone knew of any leading lenders with the program, or if pretty much everyone offered it. Thanks.
WorldWideWayne

2432 Posts

Posted - 06/27/2008 :  10:23:29 AM
Is your company FHA approved?
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rainmand

3830 Posts

Posted - 06/27/2008 :  11:58:42 AM
I sent you an email Nick, that reviews the basics. You can visit www.reversemortgagecalculator.org to see how they work for your clients.
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