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A reverse mortgage is a government-insured program that allows homeowners 62 years or older to convert a portion of the equity in their home into cash. It’s also known as a home equity conversion mortgage (hecm) and is another resource you can take advantage of.
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In working with Tracy O’Donnell and Mortgage Masters it was clear that their business model is to educate their customers and be customer service oriented. tracy is resourceful and researched different mortgage programs and options for me until we found the best program and options for my purchase.
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At Ruoff Home Mortgage, we are committed to consistently providing the best. roof or replacing carpet, to remodeling your kitchen or adding a master suite.
If this ends up being the case, people who are in a position to refinance their mortgage should try to do so now. In all probability, they will be looking at higher interest rates next year. Michael.
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