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'Lenders' Category Archives

Tennessee’s #1 Rated Reverse Mortgage Lender (A+ BBB 5 Stars!)

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Tennessee is turning into an attractive retirement destination thanks to the fairly recent introduction of retiree-friendly tax laws and an overall lower-than-average cost of living. If you live in Tennessee already or are thinking about moving to or within the state, here are some ways a reverse mortgage could help. The federally-insured Home Equity Conversion Mortgage (HECM)...
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Reverse Mortgage Lenders in South Carolina | SC Saves Thousands!

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South Carolina is a popular retirement destination thanks to its lower-than-average cost of living, moderate climate, and high population of older adults. Whether you’re already a South Carolina resident or are considering moving there, here are some things to consider if you’re also thinking about using the reverse mortgage, which allows homeowners aged 62 and older to access their...
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Reverse Mortgage Lenders in Texas: Saving TX Seniors Thousands!

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If you are thinking about getting a reverse mortgage in Texas, there are a few things to know about why the loans are slightly different in Texas. As a reverse mortgage borrower and Texas resident, however, you will still be able to get a reverse mortgage under the Federal Housing Administration’s insurance program, which applies nationwide. You’ll face all of...
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Reverse Mortgage Lenders in Pennsylvania: Saving PA Seniors Thousands!

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As the baby boomers head toward retirement age, the United States’ population is becoming decidedly grayer, and that’s especially true in Pennsylvania. The 65+ population in Pennsylvania comprises 15.6% of the overall state population according to 2011 U.S. Census Bureau data—higher than the 13.3% belonging to this age group throughout the country. In the next couple of decades, nearly one...
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Reverse Mortgage Lenders in Florida: Saving FL Seniors Thousands!

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Like most states, Florida allows borrowers to get any of the reverse mortgage products available under programs offered by the Federal Housing Administration. Because reverse mortgages are offered only to people who are ages 62 and over, Florida—which counts more than 17% of its population in the 65-plus age group—is one of the most popular states for reverse mortgage loans....
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Reverse Mortgage Lenders in California: Saving CA Seniors Thousands!

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If you live in California and are looking into getting a reverse mortgage, there are a few specifics to consider based on the state where you live. It’s first important to remember that Home Equity Conversion Mortgages are insured by the Federal Housing Administration on a national level. This means that all borrowers who take out an FHA-insured loan...
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Reverse Mortgage Celebrities: Fred Thompson & Henry Winkler

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If you were channel-surfing recently and caught a glimpse of the Fonz (a.k.a. Henry Winkler) on TV, chances are it wasn't a rerun of Happy Days—it was a reverse mortgage commercial. That’s right: In addition to acting and authoring children’ books, Winkler has added ‘spokesman’ to his resume. The product he’s endorsing is the reverse mortgage, which allows homeowners aged...
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How to Choose a Reputable Reverse Mortgage Company

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There are several ways to make sure the reverse mortgage lender you choose is safe to work with online. While there are plenty of consumer protections that have been put into place by the government to safeguard consumers from reverse mortgage scams, it’s still good to do a few checks on your lender before you move forward. National Mortgage Licensing...
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