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Mortgage and Lending - PS Mortgage Lending 305-791-4874 or 888-845-6630 - 365768
RECENT BLOG POSTS
New Reverse Mortgage Program Offers New Opportunities for Consumers The new, consolidated reverse mortgage was already introduced five months ago but that doesn't mean we should stop trying to educate consumers. In fact, I think five months is relatively short in the face of all the industry wish...
02/28/2014
There Are Never Any "Silly" Questions. Sometimes I answer the phone and on the other side of the phone conversation is a consumer asking questions. How much can I get for my property? Is counseling mandatory? How long does the process last? etc.  These are questions I have heard a billion times o...
02/25/2014
How Do You Deal With Changes (to the Reverse Mortgage Program)? There is no right or wrong way to deal with change. Every time the reverse mortgage program has changed in the last year I haven’t had an exact blueprint on how I would need to change myself, or my business, in order to continue to b...
02/23/2014
Reverse Mortgage Changes Offer a New Beginning How many times has something in your lives changed? A lot? A little? Were you happy with it? Angry? What did you do to make it better? In truth, there are plenty of things those of us in the reverse mortgage industry can do to make the reverse mortga...
02/20/2014
The "HECM Choice" Offers Consumers More Choices Months after unveiling their new reverse mortgage product, the "HECM Choice," Reverse Mortgage Funding has announced that it has expanded the HECM Choice to include all payment options at origination. When the HECM Choice was first announced, it was...
02/18/2014
Is There a Right Time to Get a Reverse Mortgage? There may be many seniors out there, 62 years of age and over, maybe even younger, thinking about applying for a reverse mortgage. Whatever the reason for their consideration, one of the questions they may be asking themselves is: is there a right ...
02/18/2014
"Retirement Still Out of Reach for Most" Reports an article published by Reverse Mortgage Daily Through stock market improvements and a considerable boost to the housing market, many Americans possibly found themselves hopeful in achieving a more comfortable, work-free retirement.  However, a stu...
02/13/2014
Not All Financial Planners Are Created Equal Moving forward, the help of financial advisors and planners will be an indispensable part of the success of the reverse mortgage program. However, it's important for consumers to know that not all financial planners are created equal and they should se...
02/10/2014
Why Get a Reverse Mortgage? The Benefits of a HECM Loan A better question would be: why not? A reverse mortgage is the complete antithesis of a home equity loan. The biggest difference is the fact that you do not have to make monthly mortgage payments on a reverse mortgage. In fact, a reverse mor...
02/10/2014
"Reverse Mortgage is No Longer a 'Loan of Last Resort,'" Says FINRA The Financial Industry Regulatory Authority has declared that the reverse mortgage, or Home Equity Conversion Mortgage, is NO LONGER a "loan of last resort," thanks to research conducted by a Funding Longevity Task Force. Accordi...
02/06/2014
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Phil Stevenson, CRMP

"Mortgage Nerd" in Miami, Florida and Texas
local_phone(888) 845-6630
local_phone(305) 791-4874
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