Currently viewing the tag: "hud"

Reverse Mortgage Purchase Popularity Gains

By On March 8, 2011

It has been quite some time since the FHA (HUD) started insuring reverse mortgage purchase loans, however the program never really took off. Much to my surprise, even some of the more sophisticated buyers were not using reverse mortgages to buy homes. I have always promoted reverse mortgage home purchase scenarios to borrowers but to no avail. Few of them could see the absolute sense this type of transaction makes.

This is a preview of Reverse Mortgage Purchase Popularity Gains. Read the full post (238 words, estimated 57 secs reading time)
Continue Reading →

FHA Reverse Mortgage Fees Change Again

By On September 29, 2010

Recent changes in the HUD insured reverse mortgage program has left some of us scratching our heads, again. The program, once described by many as “Too good to be true,” is having a hard time living up to that comment in light of the new fee changes set to go into affect in October of this year.

This is a preview of FHA Reverse Mortgage Fees Change Again. Read the full post (665 words, estimated 2:40 mins reading time)
Continue Reading →

Reverse Mortgage Concepts Pays Up Front MIP

By On August 4, 2010

Reverse Mortgage Concepts, an Arizona reverse mortgage broker is quoting fixed rate, FHA reverse mortgages with 100% lender paid MIP. Borrowers can elect to have a 5.49% interest rate without having to pay the up front mortgage insurance premium required by HUD, instead, the lender will pay for 100% of the MIP. In addition, another choice of a lower rate, 4.99%, comes without lender paid MIP.

This is a preview of Reverse Mortgage Concepts Pays Up Front MIP. Read the full post (152 words, estimated 36 secs reading time)
Continue Reading →

Retirement Living TV talks Reverse Mortgages

By On October 28, 2009

Massachusetts Rep. Barney Frank supports Reverse Mortgages

Michael Manfredi is an Arizona Reverse Mortgage Specialist

Reverse Mortgage Concepts

Phoenix, AZ 85020
(602) 456-0009
(888) 697-5556

 

Permanent link to this post (27 words, estimated 6 secs reading time)
Continue Reading →
WikiPages