Forgotten Your Password?

Need to Register?

Question Icon

I am interested in acquiring a residence in Kent, Ohio using a reverse mortgage program. Is this type financing available in Ohio

I am interested acquiring a residence in Kent Ohio using a reverse mortgage purchase program. Is this type financing available in Ohio? by mcusmc_473_133 from West Monroe, Louisiana. Mar 7th 2012 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Reverse Mortgages are an FHA product, and can be used to purchase a home. You will want to contact a local Mortgage Banker/Broker that is certified in reverse mortgages rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. Whomever you chose, don't forget to check them out at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Mar 7th 2012
1
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. Reverse mortgages are an FHA loan product, and are available nationwide. Contact a local mortgage broker, not one of those big banks, and apply with them.. Closing time, costs, and program knowledge are much better with the broker network then with the big bank... WilliamAcres.com

Mar 7th 2012
0
0
John Diamond (jdiamond)
#465 ranked lender in California - 1 contribution

I just received your information request, please let me know a good time to call an d provide a telephone number. As an introduction, iReverse Home Loans is a subsidiary of Hopkins Federal Savings Bank, member FDIC, and is a nationwide lender, doing only reverse mortgages. My contact information is listed below. For you convenience Thanks again for your interest, and I am looking forward to working with you.John L. Diamond800-486-8786 ext 774

Mar 7th 2012
0
0
Subscribe to our news feed.