Tag Archives: Hud

Refi’d Mortgage for debt consolidation – No one paid off creditors ?

Posted on February 16, 2011 by admin

Leea asked: When I refinanced my mortgage in May 07 the mortgage broker included 5405.01 in payments allocated to credit collections on my HUD statement. His broker fees were around 6900. I explained that the bulk of the CC collections … Continue reading →

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Reverse Mortgage Loans! Cash From Your Home Equity

Posted on June 2, 2010 by admin

Juhani Tontti asked: For a senior it is important to understand the key features of the reverse mortgage loans, before he goes on, because some lenders have done false offers trying to utilize the seniors, who do not have a … Continue reading →

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Senior Reverse Mortgage – A Way to Use Your Home Equity

Posted on April 30, 2010 by admin

Juhani Tontti asked: The target group of the senior reverse mortgage are seniors, who are cash poor but equity rich. They have paid the most part of their mortgages during many years but then for some reason, their financial situation … Continue reading →

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