Reverse Mortgage Blog

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Mortgage and Lending - NMLS#279499
In this blog, I go into detail on reverse mortgage information through questions seniors and their families ask, industry news and current events, new program & rate options, client stories and experiences and more. From my 21 years experience as a reverse mortgage specialist, I can help guide and educate you and answer the question, is a reverse mortgage right for you and if so, what is the best option with lowest costs, interest rates and payment plan. I am easily accessible and will be happy to talk with you. Maggie O'Connell direct line 800-489-0986

ARCHIVED BLOG POSTS

2015 

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Reverse Mortgage Financial Assessment is Here! Reverse Mortgage borrowers will soon be required to prove their "ability and willingness" to meet the FHA Home Equity Conversion Mortgage or HECM financial obligations. The new Financial Assessment (FA) requirements go into place for all FHA case num...
01/24/2015

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  2015 Brings new rules for California Reverse Mortgage Borrowers   A reverse mortgage counseling cooling off period is required for all seniors applying for the FHA insured HECM Reverse Mortgage as of January 1st, 2015.  A disclosure form, Important Notice to Reverse Mortgage Loan Applicant and ...
01/06/2015
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Maggie O'Connell

Reverse Mortgage Purchase Specialist
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Service Areas

  • Reno, NV
  • Washoe County, NV
  • Las Vegas, NV
  • Alameda County, CA
  • Contra Costa County, CA
  • Santa Clara County, CA
  • Douglas County, NV

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In this blog, I go into detail on reverse mortgage information, through questions seniors and their families ask, industry news and current events, new programs; rate options, client stories and experiences and more. From my 20 years experience as a reverse mortgage specialist, I can help guide and educate you and answer the question, is a reverse mortgage right for you and if so, what is the best option with lowest costs, interest rates and payment plan. I am easily accessible and will be happy to talk with you. Maggie O'Connell direct line 800-489-0986 maggie@rmstore.net www.ReverseMortgageStore.com NMLS #279499 Equal Housing Opportunity/ 411500