Reverse Mortgage Concepts » Mortgage

Reverse Mortgages for Free and Clear Homes

Michael Manfredi — Tue, 26 Oct 2010 23:41:55 +0000

by Michael Manfredi (888) 697-5556 It's no secret that most home owners will want to get the most money available these days and probably because they need to pay off an existing mortgage but what if your home is free and clear of any mortgages?

4.99% with 1.25% MIP or 5.56% with .50 MIP?

Michael Manfredi — Thu, 30 Sep 2010 19:59:17 +0000

by Michael Manfredi (888) 697-5556 It's really a personal decision as to whether or not to chose the newer MIP of 1.25% vs. .50%.

Reverse Mortgages and Annuities

Michael Manfredi — Tue, 13 Jul 2010 06:54:50 +0000

While I agree that a reverse mortgage is not right for everyone, I also see evidence that only a small number of homeowners trust them or the potential opportunities they create. Not everyone uses them to pay off bills or help out a friend. I have recently had reverse mortgage clients use the proceeds of [...]

Michael Manfredi Approved Loan Officer NMLS#150754

Michael Manfredi — Sat, 03 Jul 2010 06:45:45 +0000

This article is about the country’s lawmakers’ decision to police-up the mortgage industry by requiring loan officers to be licensed and registered nationwide; a law that most states, including Arizona have also adopted. While I have always been a proponent of loan officer (LO) licensing I [...]

Reverse Mortgage Arizona

Michael Manfredi — Thu, 15 Apr 2010 21:11:06 +0000

Considering a reverse mortgage in Arizona? Your home's value may be the key. Many home owners are faced with the reality of the current real estate market while planning for a reverse mortgage in Arizona