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Author Archives: Guest Author
Four Ways to Save Time and Money When Getting a Fannie Mae HomePath Mortgage.
If you are looking for a new property, you have surely seen the Fannie Mae HomePath eligible signs. We are going to discuss what these are, along with some of the have to know items before making your offer. These will help get your offer approved the first time and save you a significant amount of money. Continue reading
Posted in Loans
Tagged construction, fannie mae, fannie mae homepath, fannie mae homepath mortgage, foreclosure, home path, homepath, loan, Loans, mortgage, realtor
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3 Substantial Mistakes When Applying for a Reverse Mortgage
So many mistakes are made when a person looks into applying for a reverse mortgage. We should be able to cover three of the significant ones that will have a long term effect if you do not address them upfront. Continue reading
Posted in Loans
Tagged baby boomer, Family, home equity, housing, loan, Loans, Real Estate, retirement, reverse mortgage, senior, social security
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The New HECM Saver Reverse Mortgage
FHA has changed the reverse mortgage rules and programs again. They have introduced a new program called the HECM Saver, and the purpose is to save the homeowner money when getting a reverse mortgage by eliminating the upfront mortgage insurance (PMI). Continue reading
Posted in Loans
Tagged baby boomer, hecm saver, Loans, mortgage, retirement, reverse mortgage information
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Grants Pass, Oregon Reverse Mortgage
Thinking of doing a Grants Pass, Oregon reverse mortgage? What does retirement in Southern Oregon have to offer? This question has more answers than I can address in one article, so I will list a few here, and see where we lie after that. Continue reading
Posted in Loans
Tagged baby boomer, Family, home equity, loan, Loans, Real Estate, retirement, reverse mortgage, reverse mortgage calculator, senior, social security
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Will A Reverse Mortgage Work If My Home Needs Repairs?
What if you want to do a loan on your home, but you know the home needs repairs to qualify? Continue reading
Reverse Mortgages Are Too Expensive.
One of the top arguments against a reverse mortgage is how much they cost. “They are just too expensive” the crowd yells. I say: “compared to what”? Continue reading
5 Biggest Reverse Mortgage Questions
Lots of questions come our way about the specifics of a reverse mortgage. Redwood Financial Services is committed to giving you all the facts, so you can make your decision in an informed manner. Five of the more commonly asked questions are listed below to get you started on your quest for knowledge. Continue reading
Four Reverse Mortgage Disadvantages
1. Mortgage interest write-off “goes away”: Continue reading
4 Ways To Access Your Reverse Mortgage Equity
Reverse mortgages allow you to access your home equity four different ways. We will examine those ways so you know how to access your reverse mortgage equity. Continue reading