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11 years ago i took a reverse morgage. presently i owe 40,000 to variouse creditcards the only asset is the rev/morgage and s/

by astojda530 from , Connecticut. Jun 15th 2018 Reply


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Jun 15th 2018
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Claudio "Paul" Williams (cwilliams.rhfunding)
#68 ranked lender in New York - 6 contributions

My name is Claudio "Paul" Williams and I am an experienced Reverse Mortgage Loan Originator. Depending on the value of your CT property, the age of the youngest borrower (if a married couple) and the balance on your existing Reverse Mortgage, that $ 40K debt on credit cards might be possible to be wiped out completely!...... I am a 34 years old veteran in the home financing industry and for the past 8 years our specialty is the "refinancing" of existing Reverse Mortgages, which might be your case. We are a branch of Residential Home Funding Corp. and the proprietary name of our Reverse Mortgage product is: "VISIONS, Reverse Mortgages for America" I am personally licensed in the States of CT, NY and NJ under Federal NMLSR ID: 7734 and I will be more than happy to help you to find out if you qualify for this refinancing and consolidation of your credit card debt. Please, call me at my cell numbers (203) 391-8017 or (914) 393-9600 or send me an e-mail at: cwilliams@rhfunding.com at any time to discuss your situation. Thank you and hope to hear from you soon! Best, Paul.

Jun 15th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,451 contributions

More info needed.. There are several factors, but depending on your age, and how much is currently owed on the R/M and whether or not the $40K is in collections or if judgement s have been filed, it's possible you can refinance your home, and pull out enough cash to satisfy the $40K debt. But you need to reach out to a licensed R/M specialist in your area, and let them look at your complete loan profile.. only then will you know what is possible.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Jun 18th 2018
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