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Reverse Mortgage Specialist

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About rainmand

I'm a Reverse Mortgage Specialist, and have been originating Reverse Mortgages exclusively for the past 5 years.

Member Since August 29, 2009
50, Male, Irvine CA, United States

Answers


A:

I want to apply for a reverse mortgage line of ...

Which Bank are you referring to Herbert? I'm with Banner County Bank and am currently doing a Reverse Mortgage near you. Let me know if I can help.
Submitted by rainmand 3 months ago
0 comments


A:

Commission for reverse mortgage counselors

Reverse Mortgage Counselors don't receive commissions - do you mean Reverse Mortgage Originator? The Origination Fee on a $400,000.00 house will be between $2,500.00 and $6,000.00. You should also ...
Submitted by rainmand 3 months ago
0 comments


A:

Jumbo reverse mortgages

Bank of America offers the Simple Equity program, but the HECM fixed rate program will provide you with more cash throughout the rest of 2009, because the lending limit was increased to $625,500.00 ...
Submitted by rainmand 3 months ago
0 comments


A:

Cash from a reverse mortgage

Most of my clients visit with a Financial Advisor so the Advisor can review their objectives and portfolio prior to making their recommendation. In general, they seem to do things in this order ...
Submitted by rainmand 3 months ago
0 comments


A:

Are reverse mortgages actually for real or is ...

I know they sound too good to be true, because a lot of people have told me that after I explain how they work. But the ride isn't free, it comes at a price - a very steep price. The only reason a ...
Submitted by rainmand 3 months ago
0 comments


A:

Reverse mortgage

You're certainly a good candiate for a Reverse Mortgage, but I'd consider downsizing first. Sell your house, buy something smaller and invest the rest in a safe place where you receive a monthly ...
Submitted by rainmand 3 months ago
0 comments


A:

How to get FHA Certified Appraiser Company back to business!!!

VA and FHA don't use HVCC. My preferred Appraiser can't do any of of my FHA Appraisals anymore because he's become part of the VA roster and is too busy for FHA work. It take a while to get on the ...
Submitted by rainmand 3 months ago
1 comment
Last comment posted 3 months ago by Female,Business,Stevenson, G BostonAppraisal Group


A:

Overcharging elderly people on there reverse mortgage

They're not double-dipping. The monthly service fee is being taken from the servicing fee set aside account, but they need to show it on the monthly statement. I'm curious about the $75.00 finance ...
Submitted by rainmand 4 months ago
0 comments

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