Randall Schrader's (superbroker007) Blog

Upon reaching age 62, a homeowner can take out a "Reverse Mortgage".  It's reverse, because monthly mortgage payments are sent from the bank to the homeowner.  The homeowner can also take out a lump sum or a line of credit or a combination of the three. A client I had didn't want to take her kid'...

                                  Upon reaching age 62, a homeowner can take out a "Reverse Mortgage".  It's reverse, because monthly mortgage payments are sent from the bank to the homeowner.  The homeowner can also take out a lump sum or a line of credit or a combination of the three. A client ...

A Reverse Mortgage allows seniors to borrow against the equity in their home and receive a lump sum or monthly payments.  The process is very easy to qualify for relative to a conventional mortgage and may well be the smartest way to catch up with mounting expenses. Proceeds from reverse mortgage...

A Reverse Mortgage allows seniors to borrow against the equity in their home and receive a lump sum or monthly payments.  The process is very easy to qualify for relative to a conventional mortgage and may well be the smartest way to catch up with mounting expenses. Proceeds from reverse mortgage...

Manufactured / Mobile home financing is better left to the experts.   This type of property is just DIFFERENT and, like anything else, if you do it every day you will get REAL good at it.  I've done financing on 1965 single wides, 100% VA purchases, tons of loans for homes in 55+ parks on rented ...

Manufactured / Mobile home financing is better left to the experts.   This type of property is just DIFFERENT and, like anything else, if you do it every day you will get REAL good at it.  I've done financing on 1965 single wides, 100% VA purchases, tons of loans for homes in 55+ parks on rented ...

Let's say you are a loan officer that has never done a FHA loan.  You have a client that is perfectly suited for this type of loan, especially with the lack of sub-prime options these days, but your company is not licensed with FHA.  What to do? Simple!  You co-broker the loan with your friend fr...

Let's say you are a loan officer that has never done a FHA loan.  You have a client that is perfectly suited for this type of loan, especially with the lack of sub-prime options these days, but your company is not licensed with FHA.  What to do? Simple!  You co-broker the loan with your friend fr...

Let's say you are a loan officer that has never done a FHA loan.  You have a client that is perfectly suited for this type of loan, especially with the lack of sub-prime options these days, but your company is not licensed with FHA.  What to do? Simple!  You co-broker the loan with your friend fr...

Manufactured / Mobile home financing is better left to the experts.   This type of property is just DIFFERENT and, like anything else, if you do it every day you will get REAL good at it.  I've done financing on 1965 single wides, 100% VA purchases, tons of loans for homes in 55+ parks on rented ...