FREE Reverse Mortgage HECM Counseling in October!

Free Reverse Mortgage Counseling

If you are ready to get a Reverse Mortgage, Counseling is the first step. Money Management International is offering ALL Arizona & California homeowners FREE HECM Counseling all October! There is a batch of documents you need for counseling of which you can ONLY get through someone like me (ie, License Mortgage Professional)! That packet… [Read More]

If you’re a Senior 65 or over did you know you may be able to freeze your Property¬†Value…

Recently you should have received your Property Tax Assessment from the County in which you live. Seniors who fall into the qualifying criteria below can freeze their PROPERTY VALUE for 3 years and then can reapply if they are still eligible. BENEFIT: To Freeze the Limited Property Value of your Primary Residence. Should you qualify… [Read More]

FHA HECM Loan Limits Rise

On December 14, 2018, FHA issued Mortgagee Letter 18-11, effective for forward mortgage case numbers, and Mortgagee Letter 18-12, effective for Home Equity Conversion Mortgage (HECM) case numbers, assigned on or after January 1, 2019. These Mortgagee Letters provide the mortgage limits for Title II FHA-insured forward mortgages and the maximum claim amount for FHA-insured… [Read More]