Reverse Mortgage Refinancing Resources

If you are an average family of four making $50,000 a year, let us assume that you are saving annually at the same rate as most Americans. This rate of savings as reported by our government is about 4% of your income every year. This would mean that you are putting $2000.00 in the bank every year for future purposes. This comes out to around $167.00 a month.

Right now you are probably receiving less than 1% Annual Percentage Rate (APR) on your passbook savings.

Why not take $100.00 of this money that you would normally save and pay down the mortgage on your home ahead of time? The following example shows why this is in your best interest.

If you take out a mortgage on a house for $200,000 at a 6% fixed rate, and the contract calls for repayment in monthly installments over 30 years, your monthly mortgage payment would be $1,210.56.

If you paid an extra $100.00 dollars per month toward the amortization of your mortgage, you would add $1,200.00 to the equity in your home every year.

Reverse Mortgage Refinancing Information

http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Fears.html

http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Fears.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Maximization.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Providing_Peace_of_Mind_Without_S.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_-_Putting_Your_Equity_to_Work.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_-_Reverse_your_Monthly_Mortgage_p.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_A_Tax_Free_Income_For_Senior_C.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_Explained.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_Funding_Retirement.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages__Information_You_Need_to_Know.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages__When_Is_One_Right_For_You_.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_a_Reversal_of_the_Mortgage_Pro.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index2.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index3.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index4.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index5.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index6.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index7.html


http://www.reverse-mortgage-refinancing.com/links


http://www.reverse-mortgage-refinancing.com/reverse-morgages-explained/


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/


http://www.reverse-mortgage-refinancing.com/articles/


http://www.reverse-mortgage-refinancing.com/finance


http://www.reverse-mortgage-refinancing.com/consolidate-debts-online.html


http://www.reverse-mortgage-refinancing.com/links3.php


http://www.reverse-mortgage-refinancing.com/resources.php


http://www.reverse-mortgage-refinancing.com/privacy.html


http://www.reverse-mortgage-refinancing.com/tos.html


http://www.reverse-mortgage-refinancing.com/resources/resources.html


http://www.reverse-mortgage-refinancing.com/links/article_directories[96].htm


http://www.reverse-mortgage-refinancing.com/links/arts_and_humanities[2].htm


http://www.reverse-mortgage-refinancing.com/links/automotive[135].htm


http://www.reverse-mortgage-refinancing.com/links/business[5].htm


http://www.reverse-mortgage-refinancing.com/links/business_and_industry[144].htm


http://www.reverse-mortgage-refinancing.com/links/computer[6].htm


http://www.reverse-mortgage-refinancing.com/links/computers[148].htm


http://www.reverse-mortgage-refinancing.com/links/directories[91].htm


http://www.reverse-mortgage-refinancing.com/links/education[4].htm


http://www.reverse-mortgage-refinancing.com/links/employment___careers[140].htm


http://www.reverse-mortgage-refinancing.com/links/entertainment[133].htm


http://www.reverse-mortgage-refinancing.com/links/finance[63].htm


http://www.reverse-mortgage-refinancing.com/links/financial_and_mortgages[138].htm


http://www.reverse-mortgage-refinancing.com/links/financial_services[7].htm


http://www.reverse-mortgage-refinancing.com/links/food_and_drinks[79].htm


http://www.reverse-mortgage-refinancing.com/links/games[9].htm


http://www.reverse-mortgage-refinancing.com/links/general[10].htm


http://www.reverse-mortgage-refinancing.com/links/general_ecommerce[12].htm


http://www.reverse-mortgage-refinancing.com/links/health[18].htm


http://www.reverse-mortgage-refinancing.com/links/health_and_fitness[149].htm


http://www.reverse-mortgage-refinancing.com/links/home[19].htm


http://www.reverse-mortgage-refinancing.com/links/insurance[45].htm


http://www.reverse-mortgage-refinancing.com/links/internet[14].htm


http://www.reverse-mortgage-refinancing.com/links/legal[108].htm


http://www.reverse-mortgage-refinancing.com/links/link_popularity[20].htm


http://www.reverse-mortgage-refinancing.com/links/money___employment[41].htm


http://www.reverse-mortgage-refinancing.com/links/news_and_media[23].htm


http://www.reverse-mortgage-refinancing.com/links/pets[22].htm


http://www.reverse-mortgage-refinancing.com/links/politics[139].htm


http://www.reverse-mortgage-refinancing.com/links/professional_services[54].htm


http://www.reverse-mortgage-refinancing.com/links/real_estate[24].htm


http://www.reverse-mortgage-refinancing.com/links/recreation[25].htm


http://www.reverse-mortgage-refinancing.com/links/search_engines[92].htm


http://www.reverse-mortgage-refinancing.com/links/seo_tools_and_services[31].htm


http://www.reverse-mortgage-refinancing.com/links/shopping[32].htm


http://www.reverse-mortgage-refinancing.com/links/society[33].htm


http://www.reverse-mortgage-refinancing.com/links/sports[34].htm


http://www.reverse-mortgage-refinancing.com/links/telecommunications[136].htm


http://www.reverse-mortgage-refinancing.com/links/travel[29].htm


http://www.reverse-mortgage-refinancing.com/benefits/tos.html


http://www.reverse-mortgage-refinancing.com/information/tos.html


http://www.reverse-mortgage-refinancing.com/resources/privacy.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Seniors_can_use_a_Reverse_Mortgage_to_fund_Annuiti.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/The_Reverse_Mortgage..._What_The_Heck_Is_It_Anyway.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Understanding_Reverse_Mortgage_Fears.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Understanding_Reverse_Mortgages.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/What_is_a_Reverse_Mortgage_.html


http://www.reverse-mortgage-refinancing.com/AkronReverseMortgage/Akron_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlabamaReverseMortgage/Alabama_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlaskaReverseMortgage/Alaska_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlbuquerqueReverseMortgage/Albuquerque_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AnaheimReverseMortgage/Anaheim_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index2.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index3.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index4.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index5.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index6.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index7.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index8.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index9.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index10.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index11.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index12.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index13.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index14.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index15.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index16.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index17.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index18.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index19.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index20.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index21.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index22.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index23.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index24.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index25.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index26.php

Charles Kirkendall

Reverse mortgages are gaining in popularity as more senior's start looking for ways to supplement their retirement incomes. And as the interest in reverse mortgages increase, so are the cases of reverse mortgage fraud and scams. Many seniors are finding that they have lost thousands dollars of their hard earned equity to these reverse mortgages scams. Since reverse mortgages typically involve our largest asset (your home), this type of fraud can have a serious negative impact on your retirement. The following reverse mortgage fraud information will help you avoid becoming a victim of a reverse mortgage scam.

Reverse Mortgage Scams

The are several types of reverse mortgage scams that can end up costing you thousands and even tens of thousands of dollars in equity in your home if you become a victim.

Charging for free information on reverse mortgages

Several estate planning companies have been charging thousands of dollars for information provided free from HUD. Typically these companies charge for this information as part of an estate planning program. Seniors that sign up for these programs are unaware that these firms are collecting thousands of dollars by charging a fee of 6 to 10 percent of the total amount borrowed. These fees costs the victims $6,000 to $10,000 on a $100,000 reverse mortgage. HUD has recently issued a directive to lenders that issued reverse mortgages insured by the Federal Housing Administration (FHA) to stop doing business with these companies.

Pushing reverse mortgages as a way to pay for purchases

Some companies that sell large ticket items or services, like annuities or insurance products, may try to suggest using a reverse mortgage as a way fund these purchases. When the additional cost of the reverse mortgage is factored into the purchase, it ends up costing the homeowner much more than the benefit provided by the product or service.

Unethical reverse mortgage terms

Some lenders slip in excessive fees and terms into their contracts. These terms can have a serious effect a Seniors equity. In some cases, lenders have used shared equity or shared appreciation terms, which gives the lender the right to collect a portion of the appreciation when the home is sold or refinanced. The cost of these type provisions can run into the tens of thousands as the home appreciates. These rising cost provisions eat up equity without providing any additional benefit to the homeowner.

Protecting yourself from reverse mortgage scams

If you are looking into reverse mortgages, there are several things that you can do to protect yourself from falling victim to these types of scams.

1. Speak with a HUD approved reverse mortgage counselor. The counselor will help you understand reverse mortgages and help you evaluate your situation.

2. Obtain several offers from different reverse mortgage lenders in order to compare different options. The rule of thumb is to get at least three
separate offers so that you have a good comparison of the terms offered.

3. Make sure you understand all the terms and conditions within the reverse mortgage contracts. Your reverse mortgage counselor can guide you through
the contracts.

4. You generally have three business days after signing the loan document to cancel it for any reason.

If you suspect that a company is operating in violation of the law, let your reverse mortgage counselor know and then file a complaint with your State Attorney General's office or banking regulatory agency and the Federal Trade Commission (FTC) at www.ftc.gov.




About the Author:

Resource Box: Charles Kirkendall writes on a variety of senior financial issues. For more information visit reverse mortgages or the reverse mortgage blog.


Additional links and reverse mortgage resources:


http://www.reverse-mortgage-refinancing.com/


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/sitemap.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/tos.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/privacy.html


http://www.reverse-mortgage-refinancing.com/links/


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Advantages_and_Disadvantages_Of_A_Reverse_Mortgage.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Change_in_Texas_Law_May_Make_Reverse_Mortgages_Mor.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/HECM_Loans_-_New_Lending_Limits_for_Reverse_Mortga.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Home_Equity_Loan_%96_A_Reverse_Mortgage_Could_Provid.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Home_Equity_Loan_%96_With_a_Reverse_Mortgage,_Your_H.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/How_To_Turn_Disadvantages_Of_A_Reverse_Mortgage_To.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Annuity_Mortgage_-_Tapping_Into_Your_Equit.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage__A_Dignified_Way_For_Retirees_To_.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_%96_Be_Sure_You_Need_It_Before_Appl.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Benefits.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Calculator.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Explained.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Fears.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Maximization.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_Providing_Peace_of_Mind_Without_S.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_-_Putting_Your_Equity_to_Work.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgage_-_Reverse_your_Monthly_Mortgage_p.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_A_Tax_Free_Income_For_Senior_C.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_Explained.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_Funding_Retirement.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages__Information_You_Need_to_Know.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages__When_Is_One_Right_For_You_.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Reverse_Mortgages_%96_a_Reversal_of_the_Mortgage_Pro.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index2.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index3.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index4.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index5.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index6.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/index7.html


http://www.reverse-mortgage-refinancing.com/links


http://www.reverse-mortgage-refinancing.com/reverse-morgages-explained/


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/


http://www.reverse-mortgage-refinancing.com/articles/


http://www.reverse-mortgage-refinancing.com/finance


http://www.reverse-mortgage-refinancing.com/consolidate-debts-online.html


http://www.reverse-mortgage-refinancing.com/links3.php


http://www.reverse-mortgage-refinancing.com/resources.php


http://www.reverse-mortgage-refinancing.com/privacy.html


http://www.reverse-mortgage-refinancing.com/tos.html


http://www.reverse-mortgage-refinancing.com/resources/resources.html


http://www.reverse-mortgage-refinancing.com/links/article_directories[96].htm


http://www.reverse-mortgage-refinancing.com/links/arts_and_humanities[2].htm


http://www.reverse-mortgage-refinancing.com/links/automotive[135].htm


http://www.reverse-mortgage-refinancing.com/links/business[5].htm


http://www.reverse-mortgage-refinancing.com/links/business_and_industry[144].htm


http://www.reverse-mortgage-refinancing.com/links/computer[6].htm


http://www.reverse-mortgage-refinancing.com/links/computers[148].htm


http://www.reverse-mortgage-refinancing.com/links/directories[91].htm


http://www.reverse-mortgage-refinancing.com/links/education[4].htm


http://www.reverse-mortgage-refinancing.com/links/employment___careers[140].htm


http://www.reverse-mortgage-refinancing.com/links/entertainment[133].htm


http://www.reverse-mortgage-refinancing.com/links/finance[63].htm


http://www.reverse-mortgage-refinancing.com/links/financial_and_mortgages[138].htm


http://www.reverse-mortgage-refinancing.com/links/financial_services[7].htm


http://www.reverse-mortgage-refinancing.com/links/food_and_drinks[79].htm


http://www.reverse-mortgage-refinancing.com/links/games[9].htm


http://www.reverse-mortgage-refinancing.com/links/general[10].htm


http://www.reverse-mortgage-refinancing.com/links/general_ecommerce[12].htm


http://www.reverse-mortgage-refinancing.com/links/health[18].htm


http://www.reverse-mortgage-refinancing.com/links/health_and_fitness[149].htm


http://www.reverse-mortgage-refinancing.com/links/home[19].htm


http://www.reverse-mortgage-refinancing.com/links/insurance[45].htm


http://www.reverse-mortgage-refinancing.com/links/internet[14].htm


http://www.reverse-mortgage-refinancing.com/links/legal[108].htm


http://www.reverse-mortgage-refinancing.com/links/link_popularity[20].htm


http://www.reverse-mortgage-refinancing.com/links/money___employment[41].htm


http://www.reverse-mortgage-refinancing.com/links/news_and_media[23].htm


http://www.reverse-mortgage-refinancing.com/links/pets[22].htm


http://www.reverse-mortgage-refinancing.com/links/politics[139].htm


http://www.reverse-mortgage-refinancing.com/links/professional_services[54].htm


http://www.reverse-mortgage-refinancing.com/links/real_estate[24].htm


http://www.reverse-mortgage-refinancing.com/links/recreation[25].htm


http://www.reverse-mortgage-refinancing.com/links/search_engines[92].htm


http://www.reverse-mortgage-refinancing.com/links/seo_tools_and_services[31].htm


http://www.reverse-mortgage-refinancing.com/links/shopping[32].htm


http://www.reverse-mortgage-refinancing.com/links/society[33].htm


http://www.reverse-mortgage-refinancing.com/links/sports[34].htm


http://www.reverse-mortgage-refinancing.com/links/telecommunications[136].htm


http://www.reverse-mortgage-refinancing.com/links/travel[29].htm


http://www.reverse-mortgage-refinancing.com/benefits/tos.html


http://www.reverse-mortgage-refinancing.com/information/tos.html


http://www.reverse-mortgage-refinancing.com/resources/privacy.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Seniors_can_use_a_Reverse_Mortgage_to_fund_Annuiti.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/The_Reverse_Mortgage..._What_The_Heck_Is_It_Anyway.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Understanding_Reverse_Mortgage_Fears.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/Understanding_Reverse_Mortgages.html


http://www.reverse-mortgage-refinancing.com/refinance-advisor-facts/What_is_a_Reverse_Mortgage_.html


http://www.reverse-mortgage-refinancing.com/AkronReverseMortgage/Akron_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlabamaReverseMortgage/Alabama_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlaskaReverseMortgage/Alaska_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AlbuquerqueReverseMortgage/Albuquerque_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/AnaheimReverseMortgage/Anaheim_Reverse_Mortgage.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index2.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index3.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index4.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index5.php


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http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index14.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index15.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index16.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index17.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index18.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index19.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index20.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index21.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index22.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index23.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index24.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index25.php


http://www.reverse-mortgage-refinancing.com/reverse-mortgage-resources/index26.php

More Reverse Mortgage Information and Resources

Certain qualification requirements must be meet in order for a reverse mortgage refinancing loan to take place. Check with online Refinance Advisors to determine if you meet the easy qualifying requirements to get approved for this type of loan. There are no credit score requirements to qualify.

*Anyone seeking a reverse mortgage loan must undergo mandatory counseling from a HUD (the U.S. Department of Housing and Urban Development) approved counselor prior to actually applying for the loan. This counseling is essentially an in-person or telephone session that outlines how the process works and answers any questions you may have. This counseling program is not to determine qualification, it is designed to provide you with the information you need to make the best decision for you and your family.

*As with a conventional mortgage there are certain costs involved in the process. Costs may include application fees, closing costs, insurance, appraisal fees, and quite possibly a monthly service fee, and there are other requirements, such as amount of home equity, age of home owner, etc



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1031 Reverse Mortgage Information
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mortgage lending resources

I really enjoy your blog. I find it both informative and useful. I know it takes time, but please keep up the good work.

I have a mortgage refinancing resource site that provides information about mortgage lenders who use little-known techniques for refinancing and taking the equity out of your home without having to make monthly payments. Perhaps some of your readers would be interested in learning more about this exciting opportunity.

Hi

I really enjoy your blog. I find it both informative and useful. I know it takes time, but please keep up the good work.

I have a mortgage refinancing resource site that provides information about mortgage lenders who use little-known techniques for refinancing and taking the equity out of your home without having to make monthly payments. Perhaps some of your readers would be interested in learning more about this exciting opportunity.

hi