standard_lenders


standard_lenders
standardlenders7@hotmail.com



Reverse Mortgage Loan Los Angeles - Standard Lenders

Posted by 12 hours ago (https://standardlenders.com/reverse-mortgage-loan-los-angeles/)

Description: Owners of homes at least 62 years old with a sizable amount of equity can apply for a reverse mortgage. Seniors can access funds to pay for cost-of-living costs in their later years, frequently after they have exhausted all of their other savings or income sources, by borrowing against their equity. Homeowners can obtain the money they require through a reverse mortgage at rates starting at less than 3.5% annually. Consider a reverse mortgage loan as a regular mortgage with the roles reversed. In a typical mortgage, the buyer borrows money to pay for the home and repays the lender over time. In a reverse mortgage loan, the borrower borrows money against their existing home, potentially never having to pay back the lender. The majority of reverse mortgage loans are ultimately not paid back by the borrower. Instead, the property is sold by the borrower’s heirs to settle the loan after they move or pass away. Any surplus funds from the sale belong to the borrower (or their estate). Government-backed programs provide most reverse mortgages with stringent guidelines and criteria for lending. There are also private reverse mortgages, often known as proprietary reverse mortgages, provided by private non-bank lenders; however, these are less regulated and more likely to be frauds.

Category:

Tag: Reverse Mortgage Loan Los Angeles

Reverse Mortgage Lenders: Finding Help with Retirement - Standard Lenders

Posted by 4 days ago (https://standardlenders.com/reverse-mortgage-lenders-finding-help-with-retirement/)

Description: When it comes to retirement, financial stability is a must. In today’s world, however, more and more people are finding it difficult to retire due to the economy or a lack of savings. If you are 62 or older and think you might be ready to retire soon, you need to be aware of your options and form a plan. One such option looking into what reverse mortgage lenders can do for you. So, how does a reverse mortgage work? According to Investopedia, a reverse mortgage is a loan designed for homeowners ages 62 and up looking to borrow against their home equity without dealing with the stress of monthly payments. Ultimately, this style of mortgage is ideal for seniors in need of funds for living expenses. Alternatively, reverse mortgage lenders can help to diversify sources of retirement income, hedging against risks like market downturns or outliving one’s savings. If you think reverse mortgage lenders could potentially help plan your retirement, you likely have a lot of questions. For instance, what are the reverse mortgage lending limits? And where can I find a reverse mortgage loan application to get started? Within this article, we’ll discuss all of this and more, so you gain an understanding of everything you need to know about reverse mortgage lenders before moving ahead with the lending process.

Category:

Tag: Reverse Mortgage Lenders: Finding Help With Retirement

Reverse Mortgage Refinance California - Standard Lenders

Posted by 5 days ago (https://standardlenders.com/reverse-mortgage-refinance-product/)

Description: There are two basic types of reverse mortgages that can be refinanced: traditional reverse mortgages and jumbo reverse mortgages. These products are available both to first-time clients and to existing reverse mortgage homeowners. If you’ve been wondering “Can you refinance reverse mortgages?”, we have some good news for you. Traditional reverse mortgages are Home Equity Conversion Mortgages (HECMs). Traditional reverse mortgage loan amounts range up to $822,375. These loans are federally insured by the US government and allow you to maintain your title and homeownership for the rest of your life while receiving monthly payments to supplement your retirement income. These funds can be dispersed as a one cash lump sum or line of credit to live comfortably during your retirement, pay off debts and medical bills, afford caregiving expenses, etc. This can provide you with peace of mind knowing your surviving spouse will be protected. Additionally, traditional reverse mortgages have the benefit that you can leave your home to your heirs rather than it going automatically to the bank upon passing. Enjoy no prepayment penalty with your refinanced reverse mortgage loan.

Category:

Tag: Reverse Mortgage Refinance

Reverse Mortgage Loan

Posted by 6 days ago (https://standardlenders.com/reverse-mortgage-loan-product/)

Description: Whether you already have a reverse mortgage and you’re looking for a better deal, or you’re looking for the best reverse mortgage loan for senior citizens, Standard Lenders is here to help you. We set the standard for quality reverse mortgage service and would love to work with you to come up with an individualized plan for your circumstances. Reverse mortgages allow you to eliminate monthly mortgage payments* while accessing tax-free proceeds so you can spend your money the way you need and want to. Our reverse mortgage loans for senior citizens allow California residents to comfortably stay in their homes, using their equity so they can age in place and enjoy the home they love. Reverse mortgage loans are a great option for seniors who want more financial flexibility. Leveraging your home’s equity may be all you need to live comfortably and have peace of mind in your financial security. *Borrower is still responsible to pay property taxes, homeowner’s insurance, and home maintenance costs.

Category:

Tag: Reverse Mortgage Loan

Standard Lenders - A Reverse Mortgage Company

Posted by 11 days ago (https://standardlenders.com/los-angeles/)

Description: Standard Lenders is proud to be a Local Reverse Mortgage Broker connecting you with the nation’s biggest lenders. Our home is in Northridge and we are glad to be able to assist local Los Angeles homeowners in their reverse mortgage. Standard Lenders started originating loans in CA in 2017 and we aim to live up to our name, we aim to set the standard for quality service in the reverse mortgage industry. As a company, we are committed to being the best broker for you. Through our connection to the biggest reverse mortgage lenders in the country, we are among the uniquely qualified to find you the best rates. With our connection to the biggest and best Reverse Mortgage Lenders, we offer a wide variety of HECM programs, including Jumbo Reverse Mortgages to best suit homeowners in SoCal who have higher value homes over the national 2022 lending limit of $970,800. Please give us a chance to show you how we can beat your best offer, no questions asked, in order to get you the best deal for your home!

Category:

Tag: Standard Lenders - A Reverse Mortgage Company

Standard Lenders - A Reverse Mortgage Company

Posted by 12 days ago (https://standardlenders.com/mortgage-purchase/)

Description: Are you interested in learning more about a reverse mortgage purchase or getting started with the process? At Standard Lenders, we can provide you with exceptional care and personalized advice to guide you through the process of how to purchase a home with a reverse mortgage in a way that works with your circumstances. If you want to purchase a home with a reverse mortgage, let us help you. Purchasing a home with a reverse mortgage is a simple process, to qualify, you simple need to be age 62 or over and have enough savings to pay the necessary down payment on the home. The down payment requirement with a Reverse Mortgage for purchase will be dependent on your age and the value of the home you’re trying to purchase. Once completed you can move in and immediately be in a Reverse Mortgage. Like other reverse mortgages, reverse mortgages for purchase loans do not require monthly payments, but you will still need to meet the other regular requirements for a reverse mortgage*. *Borrower is still responsible to pay property taxes, homeowner’s insurance, and home maintenance costs.

Category:

Tag: Standard Lenders - A Reverse Mortgage Company

What is a Reverse Mortgage Loan and How Does it Work? | Learn More | Standard Lenders

Posted by 25 days ago (https://standardlenders.com/what-is-a-reverse-mortgage-loan-and-how-does-it-work/)

Description: Chances are that you’ve seen a commercial for reverse mortgage loans before, but few people actually know what they are. It turns out that reverse mortgages are actually a powerful way to access the equity in your home, and supplement your income in your later years of life. Want to learn more about reverse mortgage loans? We’ve put together an in-depth overview of everything you need to know about reverse mortgage loans below: A reverse mortgage is a form of mortgage that allows you to access the equity in your home through monthly installments, a lump sum payment, or a line of credit that’s accessible at any time. It’s called a reverse mortgage because instead of you paying the bank money every month, the bank pays you every month. The best part about this is that the payments made to you each month are tax-free! Although a reverse mortgage may sound great, there are a few criteria you have to meet before getting one: Your reverse mortgage has to be taken out on your primary residence – it can’t be used on your second home or vacation home. You must be at least 62 years old to take out a reverse mortgage. If you are taking out a home equity conversion mortgage (a special type of reverse mortgage insured by the Department of Housing and Urban Development), you must attend a counseling session.

Category:

Tag: What Is A Reverse Mortgage Loan And How Does It Work?

Reverse Mortgage Purchase - Standard Lenders

Posted by 7 days ago (https://standardlenders.com/mortgage-purchase/)

Description: Purchasing a home with a reverse mortgage is a simple process, to qualify, you simple need to be age 62 or over and have enough savings to pay the necessary down payment on the home. The down payment requirement with a Reverse Mortgage for purchase will be dependent on your age and the value of the home you’re trying to purchase. Once completed you can move in and immediately be in a Reverse Mortgage. Like other reverse mortgages, reverse mortgages for purchase loans do not require monthly payments, but you will still need to meet the other regular requirements for a reverse mortgage*. *Borrower is still responsible to pay property taxes, homeowner’s insurance, and home maintenance costs.

Category:

Tag: Reverse Mortgage For Purchase

What is a Reverse Mortgage Loan and How Does it Work? | Learn More | Standard Lenders

Posted by 18 days ago (https://standardlenders.com/what-is-a-reverse-mortgage-loan-and-how-does-it-work/)

Description: Chances are that you’ve seen a commercial for reverse mortgage loans before, but few people actually know what they are. It turns out that reverse mortgages are actually a powerful way to access the equity in your home, and supplement your income in your later years of life. Want to learn more about reverse mortgage loans? We’ve put together an in-depth overview of everything you need to know about reverse mortgage loans below: Overview – What is a Reverse Mortgage Loan? A reverse mortgage is a form of mortgage that allows you to access the equity in your home through monthly installments, a lump sum payment, or a line of credit that’s accessible at any time. It’s called a reverse mortgage because instead of you paying the bank money every month, the bank pays you every month. The best part about this is that the payments made to you each month are tax-free! Although a reverse mortgage may sound great, there are a few criteria you have to meet before getting one: Your reverse mortgage has to be taken out on your primary residence – it can’t be used on your second home or vacation home. You must be at least 62 years old to take out a reverse mortgage. If you are taking out a home equity conversion mortgage (a special type of reverse mortgage insured by the Department of Housing and Urban Development), you must attend a counseling session.

Category:

Tag: What Is A Reverse Mortgage Loan And How Does It Work?

Contact - Standard Lenders

Posted by 21 days ago (https://standardlenders.com/contact/)

Description: Standard Lenders was founded on the principle that customers come first. We go above and beyond to make the loan selection and approval process as simple as possible. Whether you need loan refinancing or want a reverse mortgage to supplement your retirement income, we’ll work with you to create a custom home mortgage loan tailored for your unique circumstances. A Premier Reverse Mortgage Broker in California, Standard Lenders provides unrivaled transparency, communication, and accessibility. We stay in touch with clients regularly and update them on the latest happenings in the housing industry that could affect their finances. Our loan experts can connect with you over the phone, email, and at home to accommodate your every need.

Category:

Tag: Contact

Tags : Best Dofollow social bookmarking sites list 2022 with high PR, Best social classified submission sites list, Top Social bookmarking sites lists, Free Dofollow social bookmarking sites 2022, High pr social bookmarking sites list 2022, 99+ social bookmarking sites list.