What You Should Know About Your Reverse Mortgage Lender

September 11th, 2009 by admin Leave a reply »

Here is a list of things that every senior should know about Reverse Mortgage Lenders to avoid being scammed.

  • Does the lender have a solid financial standing?
  • What is the lenders reputation?
  • How longs has the lender been offering reverse mortgages?
  • Does the lender service their own loans?
  • What options does the lender offer to access your money after closing?
  • Does the lender have a local presence?
  • How do they plan to educate you, explain the application documents and close the loan?
  • Are they willing to meet with you at your home or facilitate the transaction over the phone?
  • Does the lender encourage other family members to participate in these discussions?
  • Does the loan officer specialize in reverse mortgages?
  • What consumer educational opportunities does the lender offer?
  • Does the lender have other financial options, products or services that could meet your needs over time?

Are you looking for an, experienced and professional reverse mortgage specialist? Call 1-877-311-7383 NOW, or start an online application today.

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