Mortgage Consumer Protections

There are protections in place to protect consumers when getting a reverse mortgage. The HUD Counseling is mandatory for people seeking reverse mortgages. “HUD stands for Housing and Urban Development and the counseling is in place to protect the consumer” Says Kim. In this interview Kim Dodge talks with her colleague Des Lenz, who is the Director [...]

Mortgage Consumer Protections2017-06-01T19:53:56+00:00

Protections for You and Your Spouse when Purchasing a Home

For the Non-Borrowing Spouse in a Reverse Mortgage there are important protections in place. In this interview, Kim Dodge, of Usher Financial Group talks with Des Lenz, Director, at American Pacific Reverse Mortgage Corporation.  The topic is on the benefits and protections for the reverse mortgage borrowers called the Non-Borrowing Spouse Rules. The Bureau of Housing [...]

Protections for You and Your Spouse when Purchasing a Home2017-06-01T19:01:58+00:00

Help Pay Medical Costs Using Your Home Equity

Reverse Mortgage helps pay medical costs for homeowners 62 and older. Kim welcomes Des Lenz, Director, at American Pacific Reverse Mortgage Corporation. Kim and Des discuss options on how to use the equity in your home to help pay for medical expenses.  An illness or accident could be catastrophic for an older member of your family.  Kim [...]

Help Pay Medical Costs Using Your Home Equity2017-06-01T20:03:53+00:00
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