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There has been an add on the internet if you are over 62, you can do an reverese mortgage with $45,000down and can get a home for $220,000.Do you know if that is your company or who's it is?

by mnpjr2669 from Layton, Utah. Feb 17th 2014 Reply


Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

no idea what company that is, but expect if one company can do it others will be able to as well and there will be responses offering that option. Best wishes.

Feb 17th 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Not sure who is advertising it, but if it is legitimate anyone who does a reverse mortgage will be able to do it.

Feb 17th 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Reverse mortgages are available everywhere, and purchasing a home with a reverse mortgage is possible. Simply contact the local lender down the street. You don't need whoever that company doing the advertising to get the same loan.

Feb 18th 2014
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Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

Contact a local Reverse Mortgage Lender. They should be able to answer all your questions.

Feb 18th 2014
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Start with contacting some reverse mortgage lenders in your area. They will likely be able to offer the same program as well.

Feb 18th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

If one lender can do it, they all can do it.. but If your looking for a reverse mortgage, your better off using someone local, and someone who specializes in RM.. not someone who does one or two a year.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Feb 18th 2014
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Jason Hall (JasonHall)
#25 ranked lender in Utah - 79 contributions

I am in the Salt Lake City area and just funded a reverse mortgage for a great client today. I would be happy to look at your scenario and see what options you have. Feel free to check out my profile and email and/or call me. I look forward to talking with you.

Feb 18th 2014
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