Reverse Mortgage Lender Coos Bay Oregon

Choosing a Reverse Mortgage Lender in Coos Bay Oregon

Deciding to venture into a reverse mortgage in Coos Bay is major decision. When choosing whether or not one is right for you, qualified advice is invaluable; so too is selecting a loan originator who is well versed in all aspects of reverse mortgages.

A loan originator must adhere to strict ethical conduct. They must inform you of all the terms and conditions of the loan clearly and with the utmost respect of your needs and goals. They must not pressure you or steer you into another type of loan, such as an annuity, that might not be in your best interest. If you sense you are being pressured, feel free to shop around. It is your decision; only you can decide what is right for you.

Knowledge is power. Read up on reverse mortgages before consulting with a loan originator. This will not only save time, but could help you get a better deal. A good place to start is our Top 10 Reverse Mortgage Questions.

We realize that a reverse mortgage may not be right for you. We encourage you to explore your options. If, for example, you wish to remodel your kitchen, a different type of single-purpose loan might be more appropriate. If however, a reverse mortgage would suit your needs, we invite you to contact us. An experienced loan originator will walk you through each step of the process and answer any and all questions you may have. To get a better idea of how we approach our clients and how operate as a company, read our Ethics Policy.

Finally, we highly recommend working with someone that specializes solely in reverse mortgages. There are plenty of loan officers in Coos Bay Oregon that can help you with a reverse mortgage. However, make sure you find and work with someone that only works on reverse mortgages. This is a mortgage product that is very different than traditional forward mortgages you want to work with someone that truly understands not only the product but the best way to structure it to meet your needs both now and in the future.

We wish you good luck and good fortunes.