Directors Mortgage - Reverse Mortgage

08/18/2020

"Gracious lady, gives great service! Thank you Georgina" - Facebook Review

08/10/2020

07/28/2020

"Larry, you are a treasure! As Casey said after meeting you yesterday, 'he’s one smart guy!'
…and nice
…and thoughtful
The gift box is a treat and so unexpected as well.
Thank you for EVERYTHING, and I do look forward to the time when we can all get together." - Diane B. | Client Note

07/21/2020

"Thank you for your help in making my Reverse Mortgage an effortless process. I feel as though I have made a new friend." - Stephanie A. | Client Note

07/18/2020

Your home is more than just a place to live. It’s also an important source of income that you can leverage with the assistance of a Reverse Mortgage. Get in touch with our dedicated Reverse Team to learn more about whether you qualify and how you can benefit from this beneficial mortgage option. Click here: https://www.directorsmortgage.com/reverse

05/26/2020

"Your new BFF in the mortgage industry. Great company and wonderful Mortgage Specialists. Larry Melton is a consummate professional and a kind and compassionate man. I would like to thank Larry and Rilee Jefferson very, very much for all of their efforts on our recent transaction. As you can imagine, I am delighted to have this completed and I believe that the very fact we have managed to do so is due to Larry's professionalism and expertise and Rilee's steady, friendly guidance. Please feel free to reference me as an enthusiastic supporter of Directors Mortgage and my best you all during these trying times and into the future." - William M. | Yelp

05/14/2020

Reverse mortgage is a great option for homeowners aged 62+ who want to stay in their homes while making use of equity. You’ll stay on the title and retain full ownership of your home AND eliminate your monthly mortgage payment! Call us at 503.636.6000 to learn more, or click here: https://www.directorsmortgage.com/reverse

Disclaimer:
Consult your tax advisor or financial advisor for tax advice. These materials are not from HUD or FHA and were not approved by HUD, FHA or a government agency. At the conclusion of the term of the reverse mortgage loan contract, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to the person and the person may need to sell or transfer the property to repay the proceeds of the reverse mortgage from the proceeds of the sale or transfer or the person must otherwise repay the reverse mortgage with interest from the person’s other assets. Lender will charge applicable fees which may include, but are not limited to, an origination fee, a mortgage insurance premium, closing costs and servicing fees for the reverse mortgage, all or any of which the lender will add to the balance of the reverse mortgage loan. The balance of the reverse mortgage loan grows over time and the lender charges interest on the outstanding loan balance. The person retains the title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts may cause the reverse mortgage loan to become due immediately. Interest on a reverse mortgage is not deductible from the person’s income tax return until the person repays all or part of the reverse mortgage loan. This is not a commitment to lend. Information deemed reliable but subject to change without notice. Qualified borrowers only, subject to credit approval. Restrictions may apply. NMLS-3240. Arizona Mortgage Banker License BK-0942517. ©️2020 Directors Mortgage

03/14/2020

Reverse mortgages are a great financial option for homeowners age 62 and up. With a reverse mortgage, you continue to own your home just as you do with any other type of mortgage—your name is on the title, and you can refinance the loan. You can even use proceeds from the reverse mortgage to make changes to your home, adding accessibility features such as grab bars, ramps and lower countertops.

We’re happy to talk you through all the details. Learn more and get our contact info here: https://www.directorsmortgage.com/reverse

01/15/2020

We are proud to be a strategic partner of the Women's Council of Realtors and are looking forward to the kickoff event on Thursday

Thank you Directors Mortgage for being a Strategic Partner of the Women's Council of REALTORS®! If you are looking for a reverse loan specialist, give Georgina a call!

01/02/2020

Excited to add another amazing year to our timeline. Bring it on, 2020

12/27/2019

Want to hit the slopes more now that you’re retired? With a reverse mortgage, you may be able to leverage your home’s existing equity to help purchase a ski cabin at your favorite mountain resort! Click here to learn more: https://www.directorsmortgage.com/reverse
Consult your tax advisor or financial advisor for tax advice. These materials are not from HUD or FHA and were not approved by HUD, FHA or a government agency. At the conclusion of the term of the reverse mortgage loan contract, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to the person and the person may need to sell or transfer the property to repay the proceeds of the reverse mortgage from the proceeds of the sale or transfer or the person must otherwise repay the reverse mortgage with interest from the person’s other assets. Lender will charge applicable fees which may include, but are not limited to, an origination fee, a mortgage insurance premium, closing costs and servicing fees for the reverse mortgage, all or any of which the lender will add to the balance of the reverse mortgage loan. The balance of the reverse mortgage loan grows over time and the lender charges interest on the outstanding loan balance. The person retains the title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts may cause the reverse mortgage loan to become due immediately. Interest on a reverse mortgage is not deductible from the person’s income tax return until the person repays all or part of the reverse mortgage loan. This is not a commitment to lend. Information deemed reliable but subject to change without notice. Qualified borrowers only, subject to credit approval. Restrictions may apply. NMLS-3240, Arizona Mortgage Banker License BK-0942517.

12/04/2019

The lending limit for federally-backed reverse mortgages is increasing for the fourth consecutive year in a row and is set to rise to $765,600 in 2020.

The lending limit for federally-backed reverse mortgages is increasing for the fourth consecutive year in a row and is set to rise to $765,600 in 2020. The Department of Housing and Urban Development (HUD) announced on Friday via Mortgagee Letter 2019-20 a maximum claim amount of $765,600 for calend...