Oregon Reverse Mortgage – Your Local Reverse Mortgage Expert

fairytale-homeI’m so glad you found us, because this means we can work with the best of both worlds. We are an Oregon reverse mortgage lender, which will allow for personal meetings in the comfort and privacy of YOUR home or our reverse mortgage offices here in Oregon!

Getting a reverse mortgage in Oregon can be confusing. It’s not like you have to go through the process every day, and it’s often hard to tell who is an expert in this field, and who isn’t.

A lot of Oregon lenders are looking for ways to take advantage of older people as they try to figure out how best to use their home equity. That’s why we’ve created this guide on getting a reverse mortgage that will help you get started with your research right away!

A local Oregon company that specializes in reverse mortgages is looking to be of service to those who are seeking this type of financial assistance.

Reverse Mortgage Oregon Basics – The Key Things You Need to Understand

Reverse mortgages in Oregon are not free–there will always be some type of cost associated with taking one out including upfront fees and ongoing interest rates.

Then you apply for a reverse mortgage in Oregon, you still own the house. This means that you will still be responsible for paying the insurance, property taxes, and other property fees. You simply won’t be committed to a set monthly mortgage.

How Do I Know if I Should Get An Oregon Reverse Mortgage?

The vast majority of homes in Oregon that would qualify for a reverse mortgage have certain qualities such as single family, manufactured homes where you own the land, townhomes and multi-family dwellings. Condos can qualify if your HOA satisfies FHA requirements.

Homes in Oregon with unusual features like dome or A frame structures may not be eligible to apply either because they don’t meet specific qualifications set by the Department of Housing & Urban Development (HUD). If your home is in disrepair it will likely disqualify from eligibility too unless there are special circumstances revolving around rehabilitation plans.

Seniors in Oregon are more concerned than ever with their financial security, and the best place for them to find a new start is in your home. Your mortgage may just be what you need! There’s no better way of securing yourself financially.

A Oregon reverse mortgage can help many seniors meet their financial needs and for some, it is the ideal solution. Everyone has different goals heading into retirement and if you find yourself in a difficult circumstance financially, then consider how this type of loan could provide relief – without adding to your burden with stress over finances.

Where Can I Apply for a Reverse Mortgage in Oregon?

With a reverse mortgage Oregon, you will still be the owner of your home and have everything that comes with it. You’ll get monthly statements showing interest and balance information just like before.

Getting a reverse mortgage in Oregon can be one of the smartest financial moves you’ll ever make because it allows you to access cash without impacting your monthly budget or lifestyle in any way. As a reverse mortgage lender in Oregon we’re going to show you exactly how much money is available and what options are best suited for each individual’s unique circumstances so that you have all the information necessary before making this important decision on behalf of yourself or someone else who needs help managing their finances after retirement age has arrived.

All Oregon reverse mortgages are regulated by HUD and insured by FHA. While some people use these loans as a means of help when facing financial hardship, others use them to secure their overall retirement plan. When you apply for a reverse mortgage you’ll be ready for many possibilities.

Why Wait – Call Us Today

Based on my years of experience I know you have questions. I am here to answer any of your questions about getting a reverse mortgage in Union (STATEABBREVIATION). There is no cost or obigatoin to speak with me, put your numbers together or run scenarios. I am here to help you determine if the reverse mortgage is the right option for you.

To find out whether Oregon reverse mortgage loans might work well with what’s currently available in their financial situation, potential borrowers should consult both professionals who can evaluate how much equity they have as well as those who know all about this kind of loan product so there aren’t any surprises later down the line.

A reverse mortgage in Oregon is not for everyone. Be wary of the sales pitches, but also take advantage of the services offered by independent counselors to understand more about your options and what you’ll be getting into in a lot more detail before signing on that dotted line!

Oregon Seniors can now have access to the financing they need with our specialized Oregon lending experience. Give us a call and find out how we could get you on your way in minutes!