Reverse Mortgage Concepts

  • Home
  • Michael Manfredi
  • Reverse Mortgage Lenders
  • Our References
  • Departments
    • Arizona
    • Lenders
    • Michael A. Manfredi
    • Mortgage Concepts, LLC
    • Mortgage Products
    • Reverse Mortgage
      • Home Purchase
    • Uncategorized
  • Subscribe via RSS

Reverse Mortgage Phoenix, AZ

October 20th, 2009  |  Published in Arizona, Michael A. Manfredi, Reverse Mortgage

Official seal of City of Phoenix
Image via Wikipedia

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.

5.56% Fixed Rate Reverse Mortgage

Low, fixed rate reverse mortgages yield the highest net benefit to the borrower and are in great demand, however, these Ginnie Mae packaged loans can be hard to get. A detailed appraisal report with adequate current data is required for these, somewhat elusive deals. For a complete list of our recommendations on how to make sure your appraisal meets these guidelines, or to talk with Mr. and Mrs. Phoenix, AZ contact me directly at 602-507-6527.


Michael A. Manfredi is a Reverse Mortgage Specialist

(800) 507-2080

(602) 507-6527

(602) 456-0009

[contact-form 1 "Contact form 1"]

Reblog this post [with Zemanta]
Share and Enjoy:
  • Facebook
  • RSS
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Print
  • Ping.fm
  • Digg
  • LinkedIn
  • FriendFeed
  • Google Bookmarks
If you enjoyed this post, make sure you subscribe to my RSS feed!

Leave a Response

You must be logged in to post a comment.

Subscribe

Recent Posts

  • Reverse Mortgage for Home Purchase
  • Reverse Mortgages can be Refinanced
  • Discount Reverse Mortgages
  • Reverse Mortgage Chino Valley Arizona
  • Retirement Living TV talks Reverse Mortgages

Archives

  • March 2010
  • February 2010
  • November 2009
  • October 2009
  • August 2009
  • July 2009

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Congratulations!

You have found a Reverse Mortgage Specialist with knowledge, experience and integrity. Michael Manfredi represents several Reverse Mortgage Lenders located throughout the United States.

Michael A. Manfredi

Michael A. Manfredi is a Reverse Mortgage Specialist in Arizona. He can be reached by calling, 1 (800) 507-2080. For local customers, dial (602) 456-0009.

Reverse Mortgage by Mail

Reverse Mortgages are available in 50 states. For information about the Reverse Mortgage by mail program, please call 1 (800) 507-2080.

©2010 Reverse Mortgage Concepts
Powered by WordPress using the Gridline Lite theme by Graph Paper Press.