Jet Direct Mortgage

Jet Direct Mortgage  111 West Main Street Suite 110 Bay Shore, NY 11706 (631) 574-1306 https://jetdirectmortgage.com/ HECM Reverse Mortgage If you are thinking about getting a Refinance rate home loan and VA home loans but don't have a lot of money to put down on a house, consider applying for a reverse mortgage. A reverse mortgage allows you to borrow the value of your house without having to make monthly payments. Mortgage Company Home Equity Conversion Mortgage or HECM is a type of reverse mortgage designed to help homeowners get access to their home equity. It is supervised by the Federal Housing Administration FHA streamline refinance . The HECM reverse mortgage allows borrowers to trade in their home equity for cash. Applicants must meet certain criteria. These include being 62 years of age or older, using the property as their primary residence, and not having a delinquent federal loan or property taxes. HECM is a federally insured loan, meaning the government protects the...

Jet Direct Mortgage  111 West Main Street Suite 110 Bay Shore, NY 11706 (631) 574-1306 https://jetdirectmortgage.com/ How to Find a Mortgage Lenders Whether you're a first time homebuyer or a seasoned real estate professional, it's important to find the right mortgage lender  to help you get the best rates. Finding a great loan may seem complicated, but it can actually be a simple process. Mortgage Company Among the many things that a mortgage lender does is loan money to a prospective home buyer and HECM for Purchase . They evaluate the borrower's financial situation, credit rating and ability to repay the loan. They then decide how much to lend, and the best loan terms to match the individual's situation. While there are numerous types of lenders, the two main types are banks and mortgage companies. They both play a vital role in the home buying process. However, banks tend to have more stringent borrowing requirements than their mortgage counterparts. HECM Reverse Mo...