Reverse Mortgage Warrior - Caltex Funding, LP NLMS #220481

Reverse Mortgage Warrior - Caltex Funding, LP NLMS #220481 Is a Reverse Mortgage Right for You? Get the facts from a qualified reverse mortgage originator
Doug 1. What is a reverse mortgage? Created by The U.S.

By Doug Quinn, Your Reverse Mortgage Warrior RMLO NMLS 277593

A reverse mortgage is a unique loan that allow homeowner(s) 62 years of age and older to draw on the equity in their home, which is paid to the homeowner(s) in a variety of payout options. One aspect of this loan is that it does not require repayment until the homeowner(s) no longer reside in the residence, the last surviving borrower

passes away or does not comply with the loan program obligations such as paying property taxes and insurance, and maintaining the property to FHA guidelines. Department of Housing and Urban Development (HUD), this federally insured loan helps those in the senior population meet their financial needs and may ease money worries for greater peace of mind. Prior to applying for the loan, it is required that you are made aware of the terms and conditions of the loan through sources provided by HUD. Contact the Housing Counseling Clearinghouse at 1-800-569-4287 to obtain the name and telephone number of a HUD-approved counseling agency. You may also contact our office and we will provide you with the list of HUD-approved reverse mortgage counseling agencies. RMLO NMLS # 277593

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Why is the role of home equity often ignored in retirement planning? How can reverse mortgage professionals better engage with financial advisors? Those ques...

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H-Town love.

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1600 Airport Freeway #200
Bedford, TX
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