Question:

How to locate reverse mortgage companies?

Answer:

You should locate reverse mortgage companies specifically in the state your property is situated. Reverse mortgage lenders is most easily to locate via the internet.

Using the internet not only will you be able to locate many reverse mortgage companies in your area, you will be provided with quick comparison of reverse mortgage terms. Once you make a list of several companies, you may drive by and discuss face to face with lender, ask for clarifications and proved track of servicing reverse mortgages.

The internet, although being the quickest option, is not always the safest. Never shop a reverse mortgage entirely online. Rather, attend reverse mortgage counseling sessions and discuss companies, terms and purpose of the reverse mortgage installments with your spouse, kids and lifelong lawyer.

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