ARCHIVED BLOG POSTS
2017
4
Comments
Just read in a magazine AO50 (Active Over 50) that 87% of adults over the age of 65 want to stay in their current home and community as they age. 70+% of adults between 50 and 64 years old want to age in their home. To me it makes sense to consider a Reverse Mortgage for many of these people but ...
09/29/2017
October 2 - the reverse mortgage loan rules will change. From what I know so far the principal loan amount will be reduced; Mortgage Insurance will increase; and the line of credit will have a slower growth.We are submitting a loan today and we are told that the mortgage insurance will increase f...
09/28/2017
1
Comments
There is so much to residential real estate; escrow, contracts, appraisals, loans, city and county restrictions, local customs, signing by computer, marketing, inspections of all type, required record keeping and licensing. I could probably think of at least 10 more areas of knowledge but I have...
09/06/2017
1
Comments
I am now doing more reverse mortages than any other of my business types (residential real estate sales and purchase and refinace mortgage) The public still is grossly misinformed about the reverse mortage loan so my mission is to begin to publish reverse mortgage facts. Borrower obligationsA re...
09/05/2017
Rainmaker
376,831
376,831
Doug Jones
Mortgage Broker - NMLS 286668