Posts Tagged 'fees'

Reverse Mortgages can be LESS EXPENSIVE than alternatives.

January 23, 2017 no comments

Overcoming Objections to Reverse Mortgage High Fees. Compared to alternatives. Read about home equity conversion mortgages (HECMs), and read about those who object to them—often citing high fees and risks to tapping home equity. Like other financial products, reverse mortgages come with certain borrowing costs. But, by understanding how these costs break down, you may discover that a HECM actually could...
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Lowest Reverse Mortgage Closing Costs for Short Term Needs

August 24, 2012 no comments

All Reverse Mortgage® is an Award-Winning HUD Approved Direct Lender. Compare our NEW $0 Orig. Fee Plans and Save Thousands! - Calculate Your Loan Now - My sisters and I are helping our oldest sister. She's a 66-year old widow and is suffering from early dementia. She has a large financial obligation with the IRS and lives solely on her Social Security income....
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7 Little-Known Ways to Save on Reverse Mortgage Closing Costs

March 9, 2012 2 comments

So, you’re thinking about a reverse mortgage. You’ve done your research, you know it’s the right loan for you but you’ve talked to a few family members and friends who may have already gotten one or knows someone who has and you’re concerned about the high costs you’ve been hearing about. Being the smart consumer that you are though, has...
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Reverse Mortgage Fees: They’re Not All The Same!

January 11, 2012 12 comments

It is true that just about all reverse mortgages being originated at this time are the HUD Home Equity Conversion Mortgages (HECM or "Heck-um"). So many people think that the reverse mortgage fees and the rates are all going to be about the same. However, this is not always true and those borrowers who take the time to compare have...
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