Why Shop For a Reverse Mortgage Here

Why Shop For a Reverse Mortgage Here

The professor’s objective in developing the HECM reverse mortgage program was to provide features that are important to seniors but not available elsewhere in the market.

  • A reliable and easy-to-use calculator enabling seniors to determine how much they can draw on each HECM option or combination of options.
  • Personalized guidance on using the calculator, and on determining whether a HECM will meet the senior’s needs, prior to contacting a lender.
  • Price competition, enabling seniors to assure themselves that the interest rate and fees of the HECM option they select are among the best available in the market at the time.
  • Protection against “lock abuse” – an unwarranted price increase after the senior is committed to the transaction.
  • “Ombudsman support”, in the event that something goes wrong in the process of dealing with the lender.
Those interested in learning more about these features can do so at Why the Mortgage Professor Is Offering Reverse Mortgages.
Print