We Are The Reverse Mortgage Experts in Brookings OR

It’s not an easy decision to figure out if you should get a reverse mortgage in Brookings. When it comes to making that decision, you’ll want to speak with a loan officer that specializes in this type of loan.

We utilize and follow continuously an industry leading code of conduct and ethics policy. They must inform you of each of the terms and conditions of the loan clearly and with the utmost respect of your needs and objectives. All the loan originators that work for us are prohibited from steering or even suggesting you look into other products like insurance, annuities or other financial products. There is only one way to make sure you are getting the best deal and that is to speak with other loan companies. Don’t ever be pressured by any professional about advancing, only you can make that final decision.

The easiest method to empower yourself is through self education. Not only should you do as much research as is possible about reverse mortgages including how they work, and the pros and cons. But you should also do some research on lenders in Brookings OR. There are two big top reasons to do research on your own, First, you could end up with a better loan. Second, you could potentially end up with a much better deal on your interest rate and fees. If you need a very good explanation of the way a reverse mortgage works, the negatives, pluses and minuses, misconceptions, meanings, explanations and more, Then you need to check out the US Department of Housing and Urban Development website.

A reverse mortgage is a fantastic choice for many people, however it might not be the right fit for your and your needs. We strongly encourage you to take a look at what your options may be. If, as an example, you would like to remodel your kitchen, a different kind of single-purpose loan might be much more suitable. Our company is delighted so that you can ascertain if the reverse mortgage is preferable to your other options, simply give us a call. All of our specialists are readily available to you to not just explain the process, but there to answer questions which help you determine if this is appropriate. We strongly recommend reading through our code of conduct and ethics policies to have a better idea on how the company and it’s staff members are expected to act.

You will definitely need to do business with someone that only works with reverse mortgages. Just about every mortgage broker or bank in Brookings Oregon can take a credit application for a reverse mortgage. But, be sure you look for and work together with somebody that only works on reverse mortgages. This is a mortgage program that’s really different than standard forward mortgages you will need to work with someone that genuinely understands not only the loan but the best way to structure it in order to meet your needs both today as well as in the future.