I Just Saw Robert Wagner Pitching a Reverse Mortgage By the "senior Lending Network, I See this as a Scam. - senior lending network scam
Am I wrong? Has anyone experience with these people? Replace On their website, they could determine, nothing, maybe I missed it.
Friday, February 12, 2010
Senior Lending Network Scam I Just Saw Robert Wagner Pitching A Reverse Mortgage By The "senior Lending Network, I See This As A Scam.
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6 comments:
What confuses me, how can I read the fine print, and the fine print after print was very small and could not see a paragraph, the normal person to understand. What can I know how to sell your house and yard, and give you a few pennies, then taken after his death to discuss. Or their families must pay a certain% and rate idiot and garbage.
It is a scam, I must admit. Its almost as good as me the secret of how you can give your pair of golf to reduce by half. Garunteed!
Play fetch each other.
That's how it works: Senior Loan Network is a subsidiary of a good size of Long Iceland, NY lenders. Robert Wagner was hired to start a reverse mortgage. If people call it when they state (north), maintained, or that can not manage the loan itself. If another state is, in essence, sell your information to another lender reverse mortgage. There is nothing magic or gold on a lending part of the "Senior Lending Network" - simply means that leads to buy from this company. With reverse mortgages - all that counts is the HUD-approved lender, has a history and treats people with dignity and respect. (More or less like all commercial loans)
Here's the skinny on the reverse mortgage - are incredibly InnFinancing option ovative and useful - in the right situation. What is the situation right? We must tell the people trust.
My site is http://www.reversemortgagepage.com. We are a mortgage lender directory and information resource around.
I have no relations with that lender, but I know that the mortgage "reverse" an economical choice for the people. Not good in my opinion, nothing less, but it is an option.
When an elderly person has no family or friends to let you go home reverse mortgage, you might want to be for her. I Met someone who would benefit from this type of personal mortgage if the mortgage companies themselves. Everyone I know would prefer to give their property, their children or a church.
I will never do business with this type of financial option. Simply makes no sense if you have one and want to give anyone anything about his death.
I have no relations with that lender, but I know that the mortgage "reverse" an economical choice for the people. Not good in my opinion, nothing less, but it is an option.
When an elderly person has no family or friends to let you go home reverse mortgage, you might want to be for her. I Met someone who would benefit from this type of personal mortgage if the mortgage companies themselves. Everyone I know would prefer to give their property, their children or a church.
I will never do business with this type of financial option. Simply makes no sense if you have one and want to give anyone anything about his death.
not a scam, as the despair or "I do not care" for elderly people in debt. Although you have paid your mortgage for you, you leave at home (which actually live at home now ..), and equity used to pay the bills. It is in his way of travel expenses like insurance, they will pay your life insurance while you're still alive, so get it if you sing, everything.
The only difference is that when the croaking of the elderly for these families has reverse mortgage was "an option to the ownership of a ridiculous (oooh, I'm sorry I purchase meant" fair "), a The proposition that the most do not. Thus, the reverse mortgage companies the house back on the market.
I think hisawful.
The reverse mortgage is not really a scam, but I do not think they are good ideas for most people. On the other hand, for someone who has no heirs, a lot of equity in your house, and the current income needs in their final years, which may be of benefit. The idea is that they eat through the equity in your house to use to pay costs. In fact, no worse than many young people are no longer 2 a.m. to 3 p.m. of mortgages that could never afford.
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