How to Shop for Reverse Mortgages in Illinois ?

Posted by & filed under Reverse Mortgage.

In the recent times reverse mortgages are becoming a more preferred option for supplementary income among senior citizens. According to a statement issued by Peter Bell who is the president of NRMLA or the National Reverse Mortgage Lenders Association, around 911,314 reverse mortgages have been taken since the programs inception and this number is expected… Read more »

Is a Reverse Mortgage the Best Choice For You?

Posted by & filed under Reverse Home Loans.

Reverse Mortgages may not be for all, but this is an excellent choice for many. Is it a good choice for you?  We will share reverse mortgage details in Illinois here to help decide. What’s a Reverse Mortgage?     What’s a Reverse Mortgage? A Reverse Mortgage is a special, federally insured program designed especially for… Read more »

Benefits of Reverse Home Loans

Posted by & filed under Reverse Home Loans.

The Benefits of Reverse Home Loans There are numerous myths in the current market fueled by stories regarding reverse mortgages from the past. The most typical misconception is that you will have to transfer ownership of your house to the lender upon loss of life, or that eventually you might be forced to move from the… Read more »