Reverse Mortgage Specialist Lender Gearhart OR

It can be tough to make up your mind whether getting a reverse mortgage in Gearhart would be the right choice. When choosing whether or not one is ideal for you, professional assistance is critical; so too is selecting a loan originator who’s competent in all aspects of reverse mortgages.

We utilize and follow continuously industry leading code of conduct and ethics policies. They must inform you of each of the terms and conditions of the home loan clearly along with the utmost regard of your needs and goals. Our specialists must not pressure you or steer you into another type of home loan, such as an annuity, that might not be beneficial for you. If you happen to feel like one of our loan originators is pressuring you, please contact us and start shopping around for a different lender. You shouldn’t ever be pressured by any professional about advancing, only you can make that ultimate decision.

The easiest way to empower yourself is through self education. You’ll want to spend as much time as needed doing research so when you call one of reverse mortgage lenders in Gearhart OR you are able to feel confident about any questions you might have.The two big top reasons to do research on your own, First, you could get a better loan. Secondly, you could potentially end up getting a much better deal on your interest rate and fees. The very first place we highly recommend checking out the HUD website for unbiased information regarding reverse mortgages. The HUD website covers things like, what’s a reverse mortgage, how do they work, what are the benefits and drawbacks, They even have a calculator where you can get some basic numbers from.

A reverse mortgage is a fantastic option for many people, but it might not be the right option for your and your needs. It is best to compare every one of the options you have available. For a few, this can be the only option. Our company is more than happy so that you can figure out if the reverse mortgage is preferable to your other solutions, just give us a call. You’re able to talk with your local lender who can walk you through every single step of the process and answer every single question you may have. You need to read our ethics policy to understand how we operate as a company.

You will definitely want to do business with someone that only does reverse mortgages. Pretty much any bank, credit union or mortgage broker in Gearhart Oregon should be able to help you apply for a reverse mortgage. However, you need to always remember that the reverse mortgage is a very specific type of loan. It cannot be overemphasized that you work with somebody who understand this loan product in order to make sure your personal financial needs are met today and into the future.