General Information
How does a reverse mortgage work?
A Primer on Reverse Mortgages from AARP
AARP Webplace (http://www.aarp.org/money/credit-loans-debt/reverse_mortgages/)
Consumer information provided so you can work your way through a basic primer on reverse mortgages.
Reverse Mortgage Calculator
The reverse mortgage calculator – Basic reverse mortgage calculation.
NY state unclaimed funds
Through the NY state attorney general’s office, you might be very surprised to find money owed to you.
Resources for Seniors
We have trusted associates who deal with seniors on many different topics and levels. Please feel free to contact us for a professional referral to any of the professions or topics listed below.
We have developed these relationships over time and these are people whom we have come to trust. Please call us at 1-800-890-0372 with your question today and we will try to point you in the right direction.
- Medicaid Resources
- Senior Home Improvement Specialists
- Elder Law matters
- Real Estate matters (general)
Stay at Home
This booklet, prepared by the National Council on Aging, offers useful information on how you can use your home to stay at home.
AARP Spotlight
Read articles from AARP’s Reverse Mortgage Spotlight.
Reverse Mortgages Get a Makeover
Read about the new and improved Reverse Mortgage, delivered by Kiplinger.
Publications
- National Reverse Mortgage Lenders Assn. Publications
NRMLA Guides and Information about Reverse Mortgages. Available online. - HUD information about the federally-insured Home Equity Conversion Mortgage (HECM) program –
The only reverse mortgage insured by the U.S. Federal Government is called a Home Equity Conversion Mortgage or HECM, and is only available through an FHA approved lender. - Federal Trade Commission – Reverse Mortgage Consumer Facts
If you are considering a reverse mortgage, it is important to understand how the loan works plus your rights and responsibilities.
Professional Resources
Mortgage Help – Carolyn Warren
Carolyn is a noted author and mortgage resource expert! To learn more about how she can help you, go to her home page.
Carolyn’s latest book, “Home Buyers BEWARE – Who’s ripping you off now? ”
What you must know about the new rules of mortgage and credit. (Reverse Mortgages are on page 221-223)