Choosing A Loan Originator
Deciding to venture into a reverse mortgage is a major decision. When choosing whether one is right for you, qualified advice is invaluable. So is selecting a Mortgage Loan Originator who is well versed in all aspects of reverse mortgages.
A Mortgage Loan Originator must adhere to strict ethical conduct.
They must inform you of all the terms and conditions of the loan clearly and with the utmost respect of your needs and goals.
They must not pressure you or steer you into another type of loan, such as an annuity, that might not be in your best interest.
Select a Mortgage Loan Originator who is well versed in all aspects of reverse mortgages, so you can count on qualified advice.
If you sense you are being pressured, feel free to shop around. It is your decision. Only you can decide what is right for you.
Knowledge Is Power
Browse through my website. There is a ton of valuable content here, and these are good places to start.
Answers on qualifying, costs, counseling, taxes, and how you receive your money.
Read the FAQs 02Trusted organizations you can contact for free information and help.
See the resources 03Clear answers to the most common misconceptions about reverse mortgages.
Learn the factsYou can look up any loan originator, including me (NMLS #830225), at NMLS Consumer Access.
An Honest Answer
If, for example, you wish to remodel your kitchen, a different type of single purpose loan might be more appropriate.
If however, a reverse mortgage could suit your needs, I invite you to contact me. I will talk you through each step of the process and answer any and all questions you may have.
Contact LarryI realize that a reverse mortgage may not be right for you. I encourage you to explore your options.
I look forward to discussing the best loan options for your unique situation.