Massachusetts Rep. Barney Frank supports Reverse Mortgages
Michael Manfredi is an Arizona Reverse Mortgage Specialist
7310 N 17th Street #315
Phoenix, AZ 85020
(800) 507-2080
Archive for October, 2009
Retirement Living TV talks Reverse Mortgages
Posted by Michael Manfredi on October 28th, 2009
Posted in Reverse Mortgage 
Tags: AARP, Arizona, FHA, LLC, Mortgage Concepts, LLC, reverse mortgage lender 
No Comments »Reverse Mortgage Phoenix, AZ
Posted by Michael Manfredi on October 20th, 2009
Michael Manfredi has closed another Arizona reverse mortgage for Mr. and Mrs. Phoenix, AZ. The property consists of a custom home located on 2.5 acres in a suburban part of Phoenix. Due to the current economic conditions, at $410,000 the appraised value of the home is actually less than the cost to build this home new. The borrowers are releasing some of their equity in this home to pay for another home purchase with the cash they will receive from the reverse mortgage. They are buying the new home for their granddaughter who requires special medical care.
Phoenix Reverse Mortgage
Posted by Michael Manfredi on October 19th, 2009
Spot Condo Approval Process
Mortgage Concepts, LLC, Reverse Mortgage Lenders Division, has closed another reverse mortgage with Mr. and Mrs. Phoenix, AZ. The reverse mortgage was for a non-FHA approved condominium in the Biltmore area of Phoenix. The condo was approved with a spot condo approval process and the borrowers received $100,000 net. The money was used to pay off taxes and HOA fees and the balance will help the couple recover from the financial devastation of the loss of other investments.
Posted in Arizona Reverse Mortgage, Reverse Mortgage Tags: Arizona, FHA, spot condo approval No Comments »
