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Reverse Mortgages Information
Reverse Mortgages Information
FHA Guideline Changes Effective April 2013
If you heard about the FHA bailout, then you should have known there were some changes on the way for the Federal Housing Administration's guidelines.
The Benefits and Risks of Getting a Reverse Mortgage
Would you like to understand the pros and cons of the reverse mortgage program? Find out more about common pitfalls of this government mortgage program offer by the FHA.
Reverse Mortgages Provide Money for Retirement
If you are looking to retire soon but may not have the money for future increases to living expenses this reverse mortgage information could help you get the money you need for retirement.
Worried About Medicare Cuts? Free Up Cash Flow with a Reverse Mortgage
Seniors can receive a lump sum of cash without adding on to their monthly bills by using the reverse mortgage program as opposed to a mortgage refinance. This income can be used to enjoy retirement as well. Find out more.
Retired and Want to Stay in The Family Home? Consider a Reverse Mortgage
Seniors who want to retire in their own home may not have planned for every financial situation. The reverse mortgage solution could be the best option for seniors that need financial relief from medical bills and other expenses.
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Texas Reverse Mortgages Are Changing for Seniors Purchasing a Home
Texas has always been the last state to implement changes to the reverse mortgage program. Soon Texas reverse mortgages may be used to purchase a home. Find out more about the program and the upcoming changes. Senior relief in Texas could be right around the corner.
Why are Reverse Mortgages the Best Option for Seniors Who Need Cash?
Find out about the reverse mortgage option and how reverse mortgages best benefit seniors 62 years and older. This is not the last option, it is the best option to receive cash without repaying the loan.
What is a Reverse Mortgage for Seniors 62 and Older?
Reverse mortgages are an FHA insured loan offered to seniors who need money to pay off bills, improve their homes or for living expenses. There are many misconceptions about the program which offers plenty of benefits to seniors 62 and older.
All Rights Reserved - 2013 Directors Financial Group - Company NMLS ID 1060886 is an approved lending institution under the Federal Housing Administration (FHA) which is part of the U.S. Department of Housing & Urban Development (HUD). Loans on properties in California will be made or arranged pursuant to a California Department of Real Estate license #01815326. If we are unable to service your mortgage we will connect you with one of our associated mortgage bankers who can assist you. Interest rate, program terms and conditions are subject to change without notice. Certain restrictions and conditions will apply - not all applicants will qualify. Granting of loan is subject to credit requirements.
