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Reverse Mortgages

Quickly find providers of reverse mortgage loan and reverse equity mortgage services. Review our business listings for links to suppliers of reverse mortgage lenders and reverse mortgage solutions.
Reverse Mortgages
Find Reverse Mortgages Resources. Search listings and reviews of retailers, specialists and services in your local area now.
JustClickLocal.com  Save My Rating
Reverse Mortgage Lender
All Reverse Mortgage Company - Senior Lenders, Government and Jumbo Reverse Mortgage Programs, Access Calculators, Advantages, Disadvantages & More.
www.allrmc.com  Save My Rating
Reverse Mortgage Info
The Leading Site for Objective Reverse Mortgage Information!
www.OneReverseMortgage.com
Reverse Mortgage Guide
Educate yourself! Download our free 10-page California guide.
www.ReverseMortgageGuides.org
Reverse Mortgages
Turn Your Home's Value Into Cash For Retirement. Free Consultation!
www.GoldenGateway.com
Reverse Mortgages
Try Our Free Calculator Today, Find Out How Much You Qualify For Now!
SoCal.ReverseMortgageAdviser.com
Wells Fargo - Reverse Mtg
Complementary Reverse Mortgag Guide Speak With A Reverse Consultant
www.WFHM.com/ReverseMortgage
Top 10 Reverse Mortgages
Reverse Home Mortgages ranked Leading Reverse Mortgage Companies.
www.HelloMetro.com
Reverse Mortgage Info
Learn the truth about reverse mortgages. Protect your family.
ReverseMortgage.com
A Reverse Mortgage Now?
Near 70? You Qualify for a Larger Loan Amount. Calculate How Much!
NewRetirement.com/Reverse-Mortgages
Mortgage - Countrywide®
No Cash Required For Closing Costs. Call Or Apply Online Now.
www.Countrywide.com
Danger- Reverse Mortgages
Seniors Can Lose Everything! Free Reverse Mortgage Safety Info
www.reversemortgagecouncil.com
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A-Z Reverse Mortgages Provider Directory
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A
Reverse Mortgage Lender
All Reverse Mortgage Company - Senior Lenders, Government and Jumbo Reverse Mortgage Programs, Access Calculators, Advantages, Disadvantages & More.
www.allrmc.com
Contents American Reverse Mortgage Corporation
American Reverse Mortgage is an exclusive provider of FHA and FannieMae Reverse Mortgages to American Senior Citizens.
www.americanreverse.com
C
Choice Home Mortgage Services
We provide each borrower with a printed Reverse Mortgage comparison which clearly illustrates the products offered and the options and benefits of each.
www.choicehomemortgage.com
City Reverse Mortgage
The simplest and easiest way to get in touch with Reverse Mortgage experts in your state. Reverse mortgage lenders are informed by FHA on how much they can lend you based on your age and home equity.
www.cityreversemortgage.com
F
Farwest Mortgage Bankers
We are a member of NRMLA, the National Reverse Mortgage Lenders Association, and we subscribe to the NRMLA Code of Conduct and Best Practices Standards created to protect seniors from predatory lending practices.
www.farwestmortgage.com
First Financial Reverse Mortgages Corporation
Our reverse mortgage lenders help seniors convert home equity into cash for retirement, medical bills, travel, healthcare, house repairs, extra income, reverse mortgage calculator, free information, and much more.
www.firstloans.net
G
GriffinLoans.com
You can find one of the best Alaska reverse mortgage lenders at GriffinLoans.com. If you are looking for an excellent Alaska reverse mortgage company, the first step is to research the company itself.
www.griffinloans.com
J
Reverse Mortgages
Find Reverse Mortgages Resources. Search listings and reviews of retailers, specialists and services in your local area now.
JustClickLocal.com
M
Vertical Lend
Before getting a Reverse Mortgage, you will first have the opportunity to meet face to face with an independent Reverse Mortgage counselor at no cost to you.
www.mortgagewarehouse.com
O
One Reverse Mortgage
A Quicken Loans company, One Reverse Mortgage has reverse mortgages and a reverse mortage calculator to help you erase your home mortgage payment.
www.onereversemortgage.com
R
Reverse Mortgage Resources
Reverse Mortgage Resources. Get reverse mortgage news, find a reverse mortgage lender, compare programs and guidelines.
www.reverse-mortgage-california.com
ReverseMortgageStore.com
We are still ReverseMortgageStore.com with the same great people and we now offer programs from multiple reverse mortgage lenders.
www.reversemortgagestore.com
NETirement.com, Inc
This calculator estimates benefits from three reverse mortgage programs -- the federally-insured "Home Equity Conversion Mortgage" (HECM), and the proprietary Home Keeper Mortgage from Fannie Mae.
www.revmort.com
Reverse Mortgage Info
The Leading Site for Objective Reverse Mortgage Information!
www.OneReverseMortgage.com
Reverse Mortgage Guide
Educate yourself! Download our free 10-page California guide.
www.ReverseMortgageGuides.org
Reverse Mortgages
Turn Your Home's Value Into Cash For Retirement. Free Consultation!
www.GoldenGateway.com

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Guide to Reverse Mortgage

Explore options in a reverse home mortgage


Reverse equity mortgage is an option that has grown exponentially in the past few years, especially among retirees. But just because it's popular doesn't mean it's also the right fit for your financial situation. The basic principle behind the reverse mortgage is to convert your home equity into income without selling. Instead, your lender makes payments to you and, in return, you can keep your home. You don't have to repay the loan until your property is sold.

It may sound too good to be true, which is why it's important to explore all of your options first. Before jumping into a reverse mortgage situation, ask yourself the following questions:

1. What are your reasons for needing a reverse mortgage? How would you spend the money you would receive? Weigh the costs of the loan against your intended purposes.

2. Can you afford the loan? Depending on your reverse mortgage rate and the type of loan you choose, the amount you owe may increase each month.

3. Do you expect your financial needs to change dramatically in the next few years? If you're not in a current financial crisis, it may be best to wait on a reverse home mortgage.

Action Steps

The best contacts and resources to help you get it done

Find a reverse mortgage broker or lender You can find reverse mortgage options at almost every bank or financial institution. Make sure you choose a lender with a good reputation, someone with whom you feel comfortable. Don't be afraid to ask questions and shop around for the best rates, types of loan and start-up fees.

I recommend:  Find a reverse mortgage loan specialist in your state via Reverse Mortgage Nation. Countrywide Financial Corporation offers two different reverse mortgage options: home equity conversion mortgage and a simple equity mortgage. A consultant will help you determine which option may be the best fit for your needs.

Educate yourself on the facets of a bank reverse mortgage Mortgages can be complicated and a reverse mortgage is no exception. When considering a reverse mortgage, it may be helpful to learn more about the advantages and disadvantages as well as the different loan types and other basics.

I recommend:  RTG Consultants, based in Longwood, FL, provides free educational seminars. Or request more information and find out about California reverse mortgage seminars at ReverseMortgageStore.com.

Use online tools to help you finance reverse mortgages From reverse mortgage calculators to financial evaluations and more, many online tools exist to help you with your decisions. Having all the information and resources available to you will help you decipher the best options for you.

I recommend:  Use the reverse mortgage calculator at National Reverse Mortgage Lenders Association to calculate potential costs and monthly payments. American Reverse Mortgage Corporation will evaluate your financial situation for free to see if a reverse mortgage would be the right scenario for you.

Tips & Tactics

Helpful advice for making the most of this Guide
  • Talk over the reverse mortgage loan you are considering with a trusted friend or relative, or a lawyer you respect. A second opinion might open your eyes to something you have missed.

FEATURED LISTINGS
Reverse Mortgages
Find Reverse Mortgages Resources. Search listings and reviews of retailers, specialists and services in your local area now.
Reverse Mortgage Lender
All Reverse Mortgage Company - Senior Lenders, Government and Jumbo Reverse Mortgage Programs, Access Calculators, Advantages, Disadvantages & More.
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Guide to Reverse Mortgage
Guide author
By Trisha Schulz
Real Estate & Construction
User Rating
8.0
out of 10
Explore options in a reverse home mortgage.
Reverse equity mortgage is an option that has grown exponentially in the past few years, especially among retirees. But just because it's popular doesn't mean it's also the right fit for your financial situation. The basic principle behind the reverse mortgage is to convert your home equity into income without selling. Instead, your lender makes payments to you and, in return, you can keep your home. You don't ... Read more
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