Reverse Mortgage Concepts » Phoenix Arizona

Reverse Mortgage Borrower Assessment Explained

Michael Manfredi — Thu, 04 Aug 2011 01:52:19 +0000

by Michael Manfredi (888) 697-5556 The implementation of a financial assessment tool is now imminent for reverse mortgage applications.

FHA Reverse Mortgage Fees Change Again

Michael Manfredi — Wed, 29 Sep 2010 17:59:33 +0000

by Michael Manfredi (888) 697-5556 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.

Unlicensed Loan Officers Still Operating in Arizona

Michael Manfredi — Mon, 19 Jul 2010 00:37:24 +0000

With all of the advanced warning and instructions we received from the state and many other sources, there can be no gray area when it comes to who has to have a license to originate loans in Arizona and how to get one. This is not the case for some loan officers [...]

Top 10 Disadvantages of Reverse Mortgages

Michael Manfredi — Tue, 13 Jul 2010 22:36:00 +0000

I get the question a lot from prospective borrowers, "What are the disadvantages of a Reverse Mortgage?" It is a very easy question to answer because there actually are a few

Reverse Mortgage Phoenix

Michael Manfredi — Thu, 29 Apr 2010 16:48:14 +0000

I am a Reverse Mortgage Specialist in Phoenix Arizona with ten years experience. The most common problem home owners face when doing a reverse mortgage in Phoenix is getting a fair appraised value for their home. In addition, if repairs or violations exists, the home owner can be faced with less money [...]