9/18/2009

Seniors Saved from Foreclosure - Reverse Mortgages Save the Day

Many of the foreclosures we are seeing are falling into two categories:

1) Seniors
2) Single Female Parents

Reverse Mortgages CAN BE USED to save seniors from foreclosure.
  • Criteria for reverse mortgages include age and property value.
  • Criteria not factored is credit rating, employment, assets or ability to repay the loan.

Saving a homeowner from foreclosure with a reverse mortgage is a success story we should all look to create. Who do you know that needs help today? Introduce them to this web log - or please feel free to contact me with questions.

Thank you - and have a great weekend!

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