Security 1st Mortgage

The FHA’s reverse mortgage program, called The Home Equity Conversion Mortgage (HECM) is a program that allows qualified seniors to get a loan against some of the equity in their home. Despite what lender is used, HECMs have the same interest-rates, although the closing costs and servicing fees will be different with each lender. Reverse Mortgage loans conform to the usual HUD standards  and they are considered to be totally safe. read more »

Homeowners who are planning to re-finance their home may find the Internet to be a very worthwhile resource. The Internet is useful because it can give the homeowner a wealth of information as well as the ability to compare different rates from different lenders at their convenience. read more »