Reverse Conception Calculator

Are you considering a reverse mortgage? The Internet is a big part of the information you need to help you in the process of reverse mortgage. Here we highlight five complete websites for you to gather facts and put your reverse mortgage plan in action.

AARP

The American Association of Retired Persons provides a wealth of information and resources for people over 50 years. AARP website contains an entire section devoted to reverse mortgages. The site also offers a downloadable brochure covering the basics of reverse mortgages and various types of mortgages available. The book is written with simple language supporting graphs and charts. AARP also provides links to reverse mortgage brokers, originators, lawyers, financial planners and other professionals to reverse mortgage

Fannie Mae

Fannie Mae, even if initially created as a government agency, is a corporation that provides affordable housing for Americans, according to a congressional charter focusing on providing financial services to low-and middle-income homebuyers . Fannie Mae itself does not lend money, but provides reverse mortgages and works closely with lenders to provide reverse mortgages. Fannie Mae provides two types of Reverse Mortgages: Home Keeper loan and home care for purchase loan.

Financial freedom

Financial freedom is a private organization specializing in reverse mortgages. Unlike government-supported programs, financial freedom offers loans to those who have houses of great value. The company has participated in developing the concept of reverse mortgage in the 1980s and is still one of the most trusted companies for a reverse mortgage.

HUD

The U.S. Department of Housing and Urban Development offers the popular reverse mortgage called HEC (Home Equity Conversion Mortgage). The site provides lists of HUD agencies that help the elderly, housing, mortgage calculator and links to HUD approved counselors and lenders.

NRMLA

The National Reverse Mortgage Association is a group of reverse mortgage lenders and the like, which together provide educational resources to the list of policy advocates and act as a center of public affairs. NRMLA was established in 1997 to strengthen the professionalism of the reverse mortgage business. Their website provides downloadable consumer guides, a reverse mortgage calculator, links to reverse mortgage news and developments, and more.