Real Estate Home Mortgages/reverse mortgage

Advertisement


Question
I think a reverse mortgage would be good for us but I'm at a loss as to what is a good company to use. Friends of ours really got burned with the company they used and we can't afford to have that happen to us. We live in the thumb of Michigan it's about 30 mile east of Saginaw. Very rural mostly farms, Our place is not a farm just rural. Please let me know what more info you need in order to give us some help. Thanks Pat

Answer
I am sorry to hear you had friends who were burned.  That is never good to hear.  Feel free to contact me if you wish to have me take care of the reverse mortgage for you personally.  I am able to do the reverse mortgages in most states, including Michigan.  801-450-4143. that is my cell number. We are offering reduced closing costs currently as well that can help out.

Most companies dealing full time in reverse mortgages will treat their customers fairly, but there are always bad actors out there.  When we talk I would be happy to give some information on how to help your friends report the bad actor to hopefully prevent anyone else from having that same experience.

you can also get information on my site www.reversemymortgage.com. I try to stay away from any marketing in this forum, but your case seems to warrant getting in touch directly, so I am happy to help you directly if that is what you would like.  

Thank you for writing and hopefully we can talk soon.  
About Real Estate Home Mortgages
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here

Real Estate Home Mortgages

All Answers


Answers by Expert:


Ask Experts

Volunteer


Mark Schow

Expertise

Can: reverse mortgage, mortgages of all types, debt management and settlement, foreclosure problems, real estate investment strategies. Can't: real estate law, standard banking outside mortgage and debt.

Experience

2002-2004 President of the Utah Association of Mortgage Brokers (UAMB) 2004-2008 Board member UAMB, Fraud task force chair, PR chair, Legislative chair. 2002-2005 Delegate to National Association of Mortgage Brokers, Legislative committee. 1996-2008 COO Debt Free Living- Now Debt Fast Track. Founder of company- consumer debt elimination company. 1994-2008 President Secured Financial Freedom. Mortgage broker, serviced nationwide, 120 employees and handled real estate investment loans for the Carlton Sheets group and some Rich Dad clients. 2005-2011 ARES, LLC. Owner, Manager. Private money investments, business consulting. 2011- present, Reverse My Mortgage, LLC. Managing Member. Reverse mortgage education, marketing and sales. 2011- present. Salt TV Network. Financial contributor, Sales Manager.

Organizations
UAMB, NAMB

Publications
Ezines.com, Authorstream.com, articlesbase.com, articlealley.com, yahoo answers, wiki answers, UAMB newsletters.

Education/Credentials
High School- Alta High graduated 1984 Brigham young University- 1986-1991 Business Finance Major

Past/Present Clients
Salttvnetwork.com, Doreen Stein, PEI institute, Franklin Covey Coaching, Capital Financial Group, the rest are consumers- cannot give out names due to privacy but have had thousands of clients both for debt elimination and mortgage work.

©2016 About.com. All rights reserved.