by Aubrey Christian | Mar 19, 2024 | Uncategorized
I get multiple calls weekly from clients telling me they received a letter from their lender stating theymust get a home warranty immediately. These letters are deceptive advertising at it’s worst. Shadycompanies give the impression they represent the homeowner’s...
by TMD_Admin | Apr 19, 2022 | Uncategorized
Are Adjustable Interest Rates a Good Strategy? There are pros and cons to having an adjustable-rate mortgage. For the right person, an Adjustable Rate is the best option and will save many thousands of dollars but for the wrong person, an Adjustable Rate can be a...
by TMD_Admin | Dec 29, 2021 | Uncategorized
A downsize with a Reverse Mortgage could be an excellent option to live better in retirement. Life Happens It’s amazing how dramatically life can change from year to year. My wife and I have six kids all under 12. I can see already that our housing needs are going...
by TMD_Admin | Dec 20, 2021 | Uncategorized
The Mechanics of a Reverse Mortgage require Equity Reserves to protect the homeowner, bank, and FHA. Mechanics Reverse Mortgages are negative amortization loans. Therefore, if payments are not made, the balance of the mortgage will increase. This happens because the...
by TMD_Admin | Dec 9, 2021 | Uncategorized
Occasionally our clients face what’s called Appraisal Required repairs. Because FHA insures the majority of Reverse Mortgages they get to determine what is an acceptable condition of a property. Occasionally as part of the appraisal process, we identify certain...
