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Learn more about reverse mortgages
An increasing number of seniors in Nevada are using reverse mortgages to get the cash they need to enjoy their retirement. The proceeds from a reverse mortgage can be used however you see fit. You can pay for needed home repairs, cover out of pocket medical expenses, or take your grandchildren to experience the spectacular shows at Six Flags Marine World without worrying about how you will pay your other living expenses.
Selecting a Reverse Mortgage Lender
Because they are federally regulated, Home Equity Conversion Mortgage interest rates do not vary from lender to lender. Origination fees and servicing fees are the only loan costs under the lender's control. After such comparing these costs at several different lending companies, many Nevada seniors have found American Senior Funding to be the best choice.
Since a reverse mortgage involves a fair amount of paperwork, experience is an important quality to consider when choosing a lender. Nevada lenders who don't specialize in reverse mortgages may have more difficulty assisting you in the event of a problem with your application. American Senior Funding's team of loan officers has more than 20 years of combined experience helping seniors use reverse mortgages to meet their financial goals.
The attitude of your loan officer is also important when selecting a lender for your reverse mortgage. At American Senior Funding, we provide courteous and respectful service to our Nevada clients. We don't believe in using high-pressure sales tactics.
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