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Reverse Mortgage Information

Who are the major reverse mortgage lenders?

One of the first steps you need to take when looking for information on a reverse mortgage lender is to consult the National Reverse Mortgage Lenders Association. This will list all of the information about appropriate lenders and providers. However, if you are looking to take the reverse mortgage process a little further, this list will not be of much help in taking the next step. What it will provide is a general feel about which lender would ultimately suit your needs.

The major lenders are as follows:

Wells Fargo Bank

Bank Of America

Financial Freedom Acquisition

World Alliance Financial Corp

One Reverse Mortgage

Metlife Bank

Generation Mortgage Company

Urban Financial Group

Money House Inc

1st AAA Reverse Mortgage

 

Where do I go from here?

 

Upon reading through the literature of the above companies, taking everything in that they have to say and assessing their particular style of trading, your next step would be to go over the reverse mortgage information with a loved or close one who can give you advice suited to your character.

Then, from there, you need to seek professional and independent advice. Someone who will go through the specifics of all the information and assess the suitability of any reverse mortgage that you are interested in.

 

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Any information contained herein is a personal opinion of the author and should not be considered to be advice of any kind.