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Read more about the article Stunned with reverse mortgage loan details? Here are some things you need to know

Stunned with reverse mortgage loan details? Here are some things you need to know

  • Post published:June 9, 2022
  • Post category:Blog

If you are overwhelmed with the reverse mortgage loan details, don't be. More and more senior homeowners are considering applying for a reverse mortgage loan to pay off current financial…

Continue ReadingStunned with reverse mortgage loan details? Here are some things you need to know
Read more about the article Reverse mortgage rates tips

Reverse mortgage rates tips

  • Post published:August 12, 2021
  • Post category:Blog

Are you looking for the best reverse mortgage rates in the market?  Shopping around is always the best first step to know what you are getting into and that you…

Continue ReadingReverse mortgage rates tips
Read more about the article Reverse Mortgage Companies

Reverse Mortgage Companies

  • Post published:August 5, 2021
  • Post category:Blog

Reverse mortgage companies, the unscrupulous ones, took advantage of retirees in the past by exploiting the needs of the Seniors. But that is all in the past as the Federal…

Continue ReadingReverse Mortgage Companies
Read more about the article Interest on Reverse Mortgage

Interest on Reverse Mortgage

  • Post published:July 29, 2021
  • Post category:Blog

How is the interest on reverse mortgages computed? And why should I be educated on this?  When applying for a reverse mortgage, you need to be aware of the best…

Continue ReadingInterest on Reverse Mortgage
Read more about the article Reverse mortgage basics

Reverse mortgage basics

  • Post published:July 23, 2021
  • Post category:Blog

You have heard about reverse mortgages, and there may be terms and important details that you are not familiar with. One of the distinct advantages of a reverse mortgage is…

Continue ReadingReverse mortgage basics
Read more about the article Reverse mortgage refinance

Reverse mortgage refinance

  • Post published:July 19, 2021
  • Post category:Blog

Reverse mortgage refinance works similarly to how refinancing a conventional mortgage is processed. You get a new loan to pay off the earlier mortgage. But before you explore the road…

Continue ReadingReverse mortgage refinance

AARP reverse mortgage

  • Post published:June 27, 2021
  • Post category:Blog

An AARP reverse mortgage could be money that is waiting to be accessed by our senior citizens. AARP works with the older demographic and helps them not only get by,…

Continue ReadingAARP reverse mortgage
Read more about the article AAG Reverse Mortgage

AAG Reverse Mortgage

  • Post published:June 13, 2021
  • Post category:Blog

American Advisors Group (AAG), like American Mortgage Corporation, exists to give their clients the best service possible to give them the retirement of their dreams. Both companies offer services with…

Continue ReadingAAG Reverse Mortgage
Read more about the article Reverse mortgage calculation

Reverse mortgage calculation

  • Post published:June 7, 2021
  • Post category:Blog

Reverse mortgage calculation can be a tricky thing for mortgage applications. So if you want to have an idea of how much your reverse mortgage will cost, a reverse mortgage…

Continue ReadingReverse mortgage calculation
Read more about the article Selling your home on HECM?

Selling your home on HECM?

  • Post published:May 24, 2021
  • Post category:Blog

Selling your house while on reverse mortgage? Yes, it can be done. But before you jump at the opportunity to do so,  here are some of the facts you need…

Continue ReadingSelling your home on HECM?
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American Mortgage Corporation is an Illinois Residential Mortgage Licensee. | Registration #: Illinois: MB.6761056, Florida: MBR1612 & Texas. Department of Financial and Professional Regulation, 310 S. Michigan Avenue, Suite 2130, Chicago, Illinois, 60604-4278. Rates are subject to change without notice

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999 Vanderbilt Beach Road. Suite 200. Naples, FL 34108 | 888-560-4964 | NMLS CONSUMER ACCESS#: 1203481

Texas consumers: How to file a complaint

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

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