See if you qualify for a new mortgage before you apply. Fill out this quick and secure form to Pre-Qualify
Welcome to Reverse Morgage Alabama's South, AL Website
Reverse Mortgage Alabama has been exclusive to the Reverse Mortgage program in Alabama since 2007. Helping many satisfied Alabama homeowners turn equity into cash with an FHA insured Reverse Mortgage in
Our Mobile office can serve Mobile, Foley, Gulf Shores up to Dothan. We only handle Reverse Mortgages, so we have the experience of 20 years experience and have access to all the top lenders. We just use local title companies, appraisers, closers, processors which combined with ourlow overhead lets us give you a better deal than the guys that you find accross the US by internet or TV.
A Reverse Mortgage or (HECM) Home Equity Conversion Mortgage is designed especially for seniors age 62 and older to be able to access the equity in their home to help them live their lives more financially comfortable. Some need to eliminate a house payment. Some need to supplement their monthly income. Others need to do some much needed repairs to their home.
Today's Reverse Mortgage is far different than it was, changes happen constantly that you need someone to help you navigate. But the Reverse Mortgage is much different than before. People now use this as a longevity tool; helping to stretch thier retirement money because they know they will live longer. Most of my clients are recommended by a financial planner.
Your credit score is the first thing we review when applying for a home loan. While there are many factors involved in qualifying, your FICO is the most critical. The minimum credit score needed in 2019 to qualify depends mostly on the type of home loan you are looking to get. Generally...
Paying off debt as soon as possible is always is a good thing --but does that rule also apply to mortgage debt? Is making an extra payment each month to pay off the mortgage early worth it? In this week's post, we'll explore the pros and cons of paying off the mortgage early. Not a homeowner...
Does the news of rising rates make you second guess buying your first home in 2019? It shouldn't and here's why: Higher Rates But Not Frighteningly High With headlines that read "Feds Hike Up Mortgage Rates -- Highest Since 2014," it's no wonder that you doubt that it's a great time to buy...
Most tips for buying a home start with figuring out how much you can afford and applying for a home loan (which are great tips and we recommend you do both of those things when shopping for a new home). But what else is there? Are there lesser known tips for buying a home that can make a big...