national reverse mortgage lenders association

Reverse Mortgage Resources

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A Great Credit Score Primer
Dan “The Mortgage Man” Foster teaches the basics of credit scoring
FHA Refinancing Information
If you have considered an FHA mortgage, FHA mortgage center is a good place to start for information. First-time home buyers, borrowers with limited depth of credit, veterans of the armed forces and even borrowers facing foreclosure can all stand to benefit by purchasing or refinancing with an FHA/VA loan. To qualify for FHA loan [...]
6 Paths Down the Road to Foreclosure
Over the past few months Countrywide Home Loans, Lehman Brothers, and Merrill Lynch’s First Franklin to name a few have all announced major employee cutbacks. President Bush also recently announced a foreclosure avoidance initiative. And talk of an imminent mortgage crisis permeates the media. So how serious is the threat of foreclosure?
Home Equity Line Of Credit Primer
Home equity lines of credit are increasingly being offered to homeowners. When using the equity in your home through one of these typical HELOCs, you can often tap into a sizeable amount of money. This could be used in a variety of ways, such as home repairs, remodeling projects, or even investment purposes. A [...]
Lower Closing Costs
Lower closing costs aren’t the result of merely going to the right broker or lender for your mortgage. There’s more to it than that. And there is one step you should take to help you pay a fair price for the work your lender or broker does to close your loan. This step is to get [...]

Articles of Interest

by Maryann has completed her masters with a specialised paper on mortgage.
Tracing back, the concept of reverse mortgages began when one good soul, Nelson Haynes of Deering Savings and Loans wanted to help out the widow of his high school football coach. Today that small act has developed into a popular financing option for the senior citizens. With about 6,000 people turning 62 every day, the market is on an upswing.2004 witnessed a growing number of applica
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