For Seniors Who Ask What Is A Reverse Mortgage, Southern California Lender Helps Shed Some Light On Questions and Concerns About The Most Popular, HECM Reverse Mortgage

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One of Southern California biggest supplier of reverse mortgage information has announced even more help is available for seniors. has indicated that the lender that the website works with is providing consultations for free before and after the required HECM counseling required by FHA. The website also had just released a reverse mortgage calculator to further assist in helping with the senior make a more informative decision.

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Speak with a reverse mortgage specialist for free and see if this program is right for you

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For those asking “what is a reverse mortgage” the answer is being made easier to understand by reverse mortgage specialists. Although the requirements for a HECM reverse mortgage has counseling as a part of the process, some seniors still feel they need that little extra comfort. Senior Bank Services works with approved lenders that do just that. They announced recently not only will the applying senior get the required counseling, but will also schedule one on one appointments for those interested in learning more about reverse mortgages, leaving no doubt if the loan is right for them. A HECM Reverse Mortgage is for homeowners age 62 or older and has either paid off the property completely or has a considerable amount of equity left in the home. The property must also be the primary residents of the applying senior. If these requirements are met they the senior may participate in FHA's Home Equity Conversion Mortgage (HECM) program. This program enables the senior citizen to withdraw cash from the property. If the senior is approved for the HECM reverse mortgage the person can pick how they receive the equity from the home, a fixed monthly amount or a line of credit, or you can even do both. A senior may also use a HECM to purchase a primary residence if the applying individual is able to use cash to pay the difference between the HECM proceeds and the sales price in addition to closing costs for the home the senior is buying. To learn more about HECM reverse mortgages visit,

While the main difference between a traditional home loan and a reverse mortgage is that the individual does not have to make payments, the traditional home loan often combines the many of the costs that go along with home-ownership. Reverse mortgage lenders should advise the senior that the property owner is still responsible for paying your real estate taxes and insurance on the home. If the current mortgage includes these items in the monthly payments, it is certainly a factor to consider. All options will be discussed when reviewing a reverse mortgage application with a reverse mortgage lender.

Reverse mortgage lenders understand just how difficult it can be to make ends meet. The reverse mortgage experts believe in some circumstances is the perfect fit for some but is not right for everyone. Instead of having to working past the age of retirement to try to make ends meet, some seniors consider how a reverse mortgage can benefit them. Reverse mortgage consultants are ready and willing to help seniors sort out financial situations. Getting a reverse mortgage explained property and can help with proper use of a reverse mortgage calculator to determine the monthly payments and any fees associated with the transaction. Contact a reverse mortgage agent and discuss any concerns at (888) 217-6222

SEO professionals promote the reverse mortgage online to help assist the company with internet marketing promoting the message about how important it is to use a reverse mortgage specialist if someone is considering applying for a HECM reverse mortgage. continues its web presence by offering a one on one consultation at the office, or to visit the senior’s home to better explain the process, and regularly posts reverse mortgage information on the company blog and social media pages. This information along with free consultations the company hopes to attract more senior citizens seeking a reverse mortgage. To read more on the company’s reverse mortgage Facebook page visit,

About the Company: is a nationwide reverse mortgage information website that offers reverse mortgage information and connects prospective clients to qualified licensed reverse mortgage brokers and lenders to homeowners in Los Angeles California and throughout the United States. The company and its partners follow all rules and regulations regarding reverse mortgages. To learn more about the reverse mortgage San Diego service or a reverse mortgage Los Angeles lender, visit the company website,

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Ron Chini
Knack Media
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