Reverse Mortgage Services

Reverse Mortgage Services in Los Angeles

Paul Snyder provides reverse mortgage services for seniors anywhere in California with a focus on Los Angeles County, Orange County, Riverside County, San Bernardino County, San Diego County and Ventura County.  You can reach me anytime at 1-888-721-6272 to discuss your reverse mortgage service needs.

Reverse Mortgage Services
By law, individuals seeking a reverse mortgage must first receive counseling from an independent third party such as a national counseling agency or a local HUD-approved counseling agency.  The counseling can take place by phone or in person and the counselor must ensure that you have reviewed other options, understand the financial implications of a reverse mortgage including all costs and fees, and that you comprehend the implications to your estate and any tax issues that may result when obtaining a reverse mortgage.

There are numerous factors that should be considered before deciding if a reverse mortgage is right for you.  Some of the considerations seniors should consider when thinking of obtaining a reverse mortgage:

• Your age
• How much your home is worth
• What the money will be used for
• Will a reverse mortgage affect any government assistance you receive (Medicaid eligibility,  etc.)
• Current reverse mortgage interest rates
• The costs and fees of a reverse mortgage

I have been helping senior citizens with reverse mortgages since 2005. As a senior citizen myself, I understand the needs and concerns of my clients and work with them each step of the way to make the reverse mortgage process easy and stress free. You can reach me anytime at 1-888-721-6272 to discuss your reverse mortgage service needs.

This material is not from HUD or FHA and has not been approved by HUD or a government agency.