Part 2 of Public Television Interview on Reverse Mortgage
Yesterday, we started a three part interview series from Public Television about Reverse Mortgages. The interview is with a California loan officer and an interviewer that could probably qualify for a Reverse Mortgage herself. We like the information given in a very conversational way. This segment talks about the limits imposed by FHA HECM program on property values.
Reverse Mortgage Video Series Part 2
Take a look at Part 2 on Reverse Mortgage and come back tomorrow for Part 3.
One disagreement with his statement has to do with the adjustable HECM (Home Equity Conversion Mortgage) being the best product. At the time the video on Reverse Mortgage was made, that was probably true, but right now, the fixed rate HECM will probably be better than the adjustable.
Contact Us
If you have questions about an Oregon Reverse Mortgage, please contact one of us today at 541-342-7576. You can also e-mail Laurie here or Fred here. We are here to help you make the decision that is right for you. Reverse Mortgages are not for everyone, but they are an excellent choice for some people. Isn’t it time that you checked out the advantages of a Reverse Mortgage?


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