We are an information publisher aiming to help alert homeowners to changes in the reverse mortgage field.
Contact us via email at webmaster@reversemortgage.net.
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Last 5 News Briefs
- Ginnie Mae Puts Brakes on Reverse Mortgage MBS Program
- HECM Saver Changes the Math for Reverse Mortgages
- NAHB Report Optimistic about Reverse Mortgages
- Reverse Mortgage Volume is Declining
- No more BofA Reverse Mortgages
June 11th, 2008 at 2:18 pm
How does one apply for a reverse mortgage? And can one get a reverse mortgage on a current FHA loan?
July 14th, 2008 at 7:13 am
Sorry, I read your Indymac article too quickly. You never said that Financial Freedom was started by Countrywide. My error
August 26th, 2009 at 3:21 pm
Hi,
I’m reaching out again to find out if you would be interested in discussing a sale of your domain reversemortgage.net. We are still searching for a good web site for our company. My cell is 312-485-1949.
Thanks,
Darrin
October 7th, 2009 at 6:11 pm
Hey – my grandmother needs a reverse mortgage. What should I do? Any place I should point her to actually get one? Thanks
November 30th, 2009 at 12:37 pm
Can we get copies of your Reverse Mortgage Factsheet? It is very well done.
January 5th, 2010 at 8:54 am
I have a question, how come this is not offered to people under the age of 62 who are disabled and on a fixed income? take me for example, I am 52, my income is around $2,000.00 a month and my mortgage is $1,175.00. Doesn’t leave much left over for food and utilities does it? I was just wondering why the disabled were left out of this program. Thank you.
July 22nd, 2010 at 11:07 am
If one sees a reverse mortgage as a possibility within the next 5 years, wouldn’t now be the time to do one and invest the proceeds in a solid major insurance company annuity? I know that the spread isn’t that significant, but it is positive, and does accomplish locking in the rate for the future.
July 27th, 2010 at 4:38 pm
Is it possible to get a reverse mortgage forma new purchase, and if so what is the required down payment?
Bob Butts
May 24th, 2011 at 9:30 am
I would like to place your information in my resource center on my website….I especially like the visual aid.
Amy Hoster | Business Development Manager
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September 16th, 2011 at 4:40 pm
Hi Reverse Mortgage.net
You should remove the part about Wells Fargo.
Perhaps you could add that MetLife is now the largest
reverse mortgage lender and a local RI consultant, that used to work for Wells Fargo, is now the consultant
for MetLife. Carol Miller 401-848-7281
My best,
Carol
December 17th, 2011 at 11:56 am
I owned a Manufacture Home in Naples (I owned the land under Co-op). Estimated market value: $30,000. It is possible a reverse mortgage for my manufacture home (I owned the land of the property)?
March 20th, 2012 at 6:18 pm
What if you get married after you have done the reverse
morgage?
How much time does the new spouse have to move out?
Who sells the house, the bank or the familly?
March 27th, 2012 at 12:07 pm
I am looking for information on reverse mortgage for sister in NY. Please call me at 321 610-7921. Thank you.
Thank you.
Murielle
June 2nd, 2012 at 9:48 pm
Metlife exits the reverse mortgage business in April 2012. Now that all the big banks have left the business, I hear many people who fear the product may be eliminated. What do you think?
June 20th, 2012 at 7:34 am
can you send me a business casrds
December 29th, 2012 at 8:42 pm
How is reverse motgage paid off if owner dies?
Is there insurance or is the “estate” responsible for the balance due?
January 13th, 2013 at 11:57 am
My inlaws are in upstate New York (north of Albany). They are looking for a bank that does reverse mortgages. Any suggestions.
January 29th, 2013 at 2:02 pm
do you have an office in Washington state? WHERE?
February 6th, 2013 at 11:29 am
This is a very informative website! I represent a national title company that can help with title and settlement services across the country. I specifically handle PA and NJ. If anyone (lender or consumer) is thinking of heading down the reverse mortgage road, please feel free to contact us for questions about the closing process. 610-265-2464. – Francesca
April 30th, 2013 at 5:58 am
I would like to refinance my reverse mtg. from 2008. Can you help?
May 1st, 2013 at 3:52 pm
Why don’t you include Wells Fargo in the Lender Spotlight? They are causing me enormous grief.
February 18th, 2014 at 7:55 am
i would like to apply for a reverse mortgage on my residence.
who can i talk to about getting a reverse mortgage on my residence?
May 14th, 2014 at 9:35 pm
How do I obtain copies of my moms mortgage agreement (since she passed in a fire in her home in Feb.) and how do I know how much of her insurance is for the mortgage company and what is due back to her estate?
November 1st, 2014 at 2:23 pm
I hear there are new rules about the age of a non borrowing spouse who is not on title.
January 8th, 2015 at 3:04 pm
I am looking for a bank in Las Vegas, Nevada that would refinance my current reverse mortgage with Wells Fargo (No longer handling Reverse Mortgages)
If you have any suggestions…
March 4th, 2015 at 3:28 pm
I would like to purchase a booklet to tell me about Reverse Mortgages.
Thank you
Lisa Albo
June 9th, 2015 at 8:15 pm
I am so confused by the costs associated with this decision. We own our house, over 63, but the costs of $6200.00 to get this (home equity loan) confuses me. Does the rate of ? per year start decreasing the value of our house immediately? If & when you take a $ draw does the amount decrease the homes value or add to the amount you owe the lender? Can’t that quickly add up to where they will not allow any more draws, and I’ve never been on a variable rate before. How fast can this whole “experiment” stop existing? I am concerned about making enough in the future to afford the house without some type of loan. I do like the idea of not having to pay back the loan till last person leaves, because both of us are on social security.
Ron
June 17th, 2015 at 8:33 am
Is there a reverse mortgage calculator or a book that shows the various possible scenarios of interest and amount that would be owed on your home depending on how much of a loan you took out. Also what is the highest% you can get and at what age? Thanks Pat
March 13th, 2017 at 11:47 am
Husband and wife get a reverse mortgage.
Wife transfers her interest in property to husband.
Does that accelerate debt?
September 20th, 2017 at 7:11 am
I may be interested in a reverse mortgage for my mom please email me back thank you
October 20th, 2017 at 6:57 am
I have a reverse mortage, when I pass away what do my heirs do with the house. Sell it, buy it or what?
February 20th, 2018 at 1:49 pm
I have a reverse mortgage that I refinanced because of increased equity. When I refinanced the new (2nd) reverse mortgage paid off the 1st one including the equity I borrowed and the interest accrued on the 1st reverse mortgage. I have received 1098 stating the deductible mortgage interest. Is this interest deductible by me the owner and borrower or the financial institution that bought the mortgage. If deductible by me can I deduct it now or must I wait to claim it when I sell the house?
Thank you for your help.
Coly Bryant
colybryant@yahoo.com
March 14th, 2018 at 8:13 am
I would like info on a reverse mortgage
October 4th, 2018 at 6:05 am
Hello,
I’d appreciate being directed to the proper department at Bank of America to discuss possible purchase of an abandoned property owned by Bank of America. Property location: 31 Plochmann Lane, Woodstock, NY.
Thank you.
Pauline Criscimagna
June 5th, 2019 at 12:39 pm
I would like to get a reverse mortgage and see how much I can get and I would like sons car to get paid off my credit card and the plumber and my sons wells fargo credit card and t moble and when my credit score goes up then I willget out of it and get a reular mortgage I want this done with noappersail no credit check and noo closing cost give me a call at 6513887054