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Current Reverse Mortgage News
Thinking about reverse mortgage? It's time to act now

Rising interest rates will reduce the size of this kind of loan. It is an attractive option to elderly homeowners needing cash.

How much money could you get with a reverse mortgage on your home?

That depends on lots of factors, such as your age and the home's value. But one thing is fairly certain: The lower the interest rate, the more you can get.

So if you are considering a reverse mortgage, best get moving. Interest rates are rising already and may well go up more in coming months. That would reduce the cash you could get from a reverse mortgage.
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Avoiding Predatory Lenders

Growing numbers of aggressive, dishonest lenders advertise their services to people in financial need - people who may have fallen behind on property taxes, or need money for medical bills, or face costly home repairs. Instead of offering a fair loan, these lenders use smooth-talking salespersons, high interest rates, outrageous fees, and unaffordable repayment terms. Homeowners can be tricked into taking out loans that they cannot afford to repay. Some homeowners may lose their homes to foreclosure.
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Because...

You Should Enjoy Retirement

Find out how a reverse mortgage can
help you make the most of retirement.

More...
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Discover...
New Ways to Help Your Clients

How can a reverse mortgage help? When is it
the right choice and what is the process?

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Expand your offerings...
Reverse Mortgage Products for Seniors

Financial institutions can use reverse mortgages
to foster independence and stability for older clients.

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Get the Facts
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About ReverseMortgageBanking.com

ReverseMortgageBanking.com is your full-service source of reverse mortgage information and senior-related services.  We help financial institutions delivery quality reverse mortgage products to their older clients and empower professional advisers to use reverse mortgage solutions to serve their older clients.  We provide seniors and their loved ones with access to services for stable and enjoyable retirement.
 

Real Estate Professional 3 Credit C.E. Course
Understanding the
REVERSE MORTGAGE

 7 ways to sell more Real Estate

couple_250.jpg As of January 1, 2009, senior borrowers can purchase a home with a federally insured Reverse Mortgage.  Learn how this new law can grow your business in ways you may have never considered.

YOU'LL DISCOVER:

  • The 10 Common Misconceptions about Reverse Mortgages.
  • How to help your 72-year-old client move from a $150,000 home to one priced at $353,000* with no asset verification required, no minimum FICO score, no additional out-of-pocket expenses and No Monthly Debt Servicing!
  • 10,000 baby boomers are turning 62 every day.  Learn why they will Need to Know about the Reverse Mortgage.
  • Help your client move from a 2-story 3 bedroom home worth $200,000 to a 1 floor, 2 bedroom condo in a secure environment for $200,000* and ADD $110,000 to their Retirement Income, with NO Monthly Debt Servicing!


*based on 72-year-old client and a Fixed Rate Reverse Mortgage of 5.56% as of 12/9/2009.

PLUS MUCH MORE....

Create New Sales Opportunities Where None Existed Before!

Generate Goodwill and a Real Estate Referral Stream That's Unstoppable!

Develop a Sustainable New Millennium Baby Boomer Business Model!

FIND OUT MORE and REGISTER

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