All Reverse Mortgage

Reverse Mortgage Occupancy Requirements Explained

June 14, 2017   by All Reverse Mortgage   2 comments

We live with my mother in law and were present throughout the process of her getting a reverse mortgage. The broker is fully aware that we live there with her and help keep up the property and pay living expenses. He told us if she ever needed to go to a nursing home, as long as she is on the...
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Reverse Mortgage Meaning: Common Terms Explained

May 31, 2017   by All Reverse Mortgage   no comments

Reverse Mortgage Meaning Video When it comes to exploring reverse mortgages and how they could be helpful to your situation you first should have an understanding of the terms that will be used throughout the process. These terms will help you fully understand how a reverse mortgage works. Here are a few terms that may be helpful in...
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New Appraised Value Under 12 Months Ownership? No Seasoning Required.

May 24, 2017   by All Reverse Mortgage   no comments

We bought our home 11 months ago so obviously our mortgage was done last June. According to what I understand the loan has to be more than 12 more than old. We will have to wait a few months to do a reverse mortgage? Hi Lowell, You and I also traded emails on this issue but I thought this was...
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Reverse Mortgages Now Available in the USVI | US Virgin Islands

May 19, 2017   by All Reverse Mortgage   no comments

Are you over 62 and looking to eliminate a mortgage payment or purchase a new home in the U.S. Virgin Islands? If so, a reverse mortgage might be the perfect product. If you live in the U.S. Virgin Islands and are over 62 years old, you may be able to qualify for a reverse mortgage that will allow you access...
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Want to Take Advantage of the New Reverse Mortgage? Here’s What You Need to Know.

May 19, 2017   by All Reverse Mortgage   no comments

Are you looking to tap into your home equity as a way to boost monthly cash flow or save for a rainy day? The new reverse mortgage can help. Reverse mortgages have been around for decades to help retirees improve their financial situations as their incomes decline. Under the federally insured Home Equity Conversion Mortgage (HECM) program, these loans...
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The Reverse Mortgage Purchase Guide for Real Estate Professionals

May 13, 2017   by All Reverse Mortgage   no comments

Reverse Mortgage for Home Purchase A Guide for Real Estate Professionals By All Reverse Mortgage® At All Reverse Mortgage®, we're looking to partner with you in educating and helping mutual clients to purchase their retirement home. We have seen how knowledgeable real estate professionals have increased their market share and sales by simply identifying this buyer, you will find yourself with...
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What is a Reverse Mortgage? Incredibly Simple Explanation.

April 8, 2017   by All Reverse Mortgage   40 comments

In plain English, a reverse mortgage is nothing more than an equity loan secured by your home designed to defer repayment. It’s really that simple. The most common type of reverse mortgage is the HECM, which is the acronym for Home Equity Conversion Mortgage. This program was created by the Federal Housing Administration in 1988. While a traditional home mortgage requires...
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Reverse Mortgage Solutions (RMS) Foreclosure Problems

April 1, 2017   by All Reverse Mortgage   2 comments

My brother passed away Sept 22,2016. Being his brother he made sole heir and ex. of the estate. Did not find out until Oct. 2016 that he had a reverse mortgage I contacted them about my brother death at which time they wanted to know what I wanted to do, I didn't know at the time. As we continue to...
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Reverse Mortgage Pros & Cons for Today’s Retirees. (Updated 2017)

March 26, 2017   by All Reverse Mortgage   19 comments

I can almost hear it now... “This is an article written by a guy who does reverse mortgages, there probably won’t be any cons!” As passionate as we are about the reverse mortgage program, there are some drawbacks in some instances and we make certain that we point out the pros and cons to all reverse mortgage applicants. As...
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How Does a Reverse Mortgage Work? 2017 Complete Explanation

March 26, 2017   by All Reverse Mortgage   4 comments

Reverse mortgages have gotten a lot of much more favorable press lately as much of the hysteria has started to disappear and people are actually looking at the program and what it really does, not what they heard it does from some unnamed source. All Reverse Mortgage® is going to pull back the curtain and let you see...
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