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reverse mortgage??

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Icon Mini Profile dailycme



Joined: 16 Oct 2007

Posts: 1



1.68 Dollars($)

PostPosted: Tue Oct 16, 2007 12:46 pm    Post subject: reverse mortgage??

What is Reverse Mortgage?
Reverse Mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month.

Who can apply?
To be eligible for reverse mortgage, you must own your home and be 62 years of age or older.

[Deactivated link as per forum rules. Please do not ask for business in your first post or ever. If someone likes your assistance they may contact you. Thanks.]
 
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Icon Mini Profile tgolden



Joined: 06 Jan 2007

Posts: 50
Location: South Carolina/ Nationwide


27.80 Dollars($)

PostPosted: Tue Oct 16, 2007 2:03 pm    Post subject: Tony Golden - Reverse Mortgage

Hello dailycme,
I'm sorry if I am misunderstanding your intentions here but this looks like a sale pitch to me.
This sight is to help advise people on questions they have and yes help them if we have the experience to do so. I went to your blog and I am sorry to say that there are a few statements in there that are misleading to a reverse mortgage consumer. There is nothing practically free when it comes to a reverse mortgage or any mortgage.

I would recommend that you review what you are stating in your blog

thanks
Tony Golden

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Our mission is to help mortgage consumer make the right decisions. We are more then Loan Officers, we are also Financial Advisors.
I specialize in Reverse Mortgages, FHA, VA financing and Cash Asset Manager Loan Program
 
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Icon Mini Profile livinginnky
livinginnky
Moderator

Joined: 08 Sep 2007

Posts: 596



23.69 Dollars($)

PostPosted: Tue Oct 16, 2007 2:04 pm    Post subject:

I was editing as you typed Tony. LOL

And not to mention that kids should not apply for their parents. What kind of statement was that? I don't care where you live that would be illegal.

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Eric Matthews

Mortgage Refinance and Home Loan Guide
 
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Icon Mini Profile tgolden



Joined: 06 Jan 2007

Posts: 50
Location: South Carolina/ Nationwide


27.80 Dollars($)

PostPosted: Tue Oct 16, 2007 5:04 pm    Post subject: Tony Golden

Well said Eric, Thanks for the adjustment
Tony G

_________________
Our mission is to help mortgage consumer make the right decisions. We are more then Loan Officers, we are also Financial Advisors.
I specialize in Reverse Mortgages, FHA, VA financing and Cash Asset Manager Loan Program
 
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