Consumer Mortgage

Basic Consumer Mortgage Facts:

In a Consumer Mortgage, the home owner makes no payments and all interest is added to the lien on the property. If the owner receives monthly payments, then the debt on the property increases each month. If a property has increased in value after a Consumer Mortgage is taken out, it is possible to acquire a second (or third) reverse mortgage over the increased equity in the home.

Consumer Mortgage Info:

Consumer Mortgage Services Inc - Mortgage Banker - West Chester, PA ...

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Chase Home Finance - Home Mortgages - Home Loans

Home Loans - At Chase Home Finance, we believe that home ownership is a dream that belongs to ... Home Mortgage Solutions: At Chase, we believe smart solutions can change your financial outlook.

Consumer Mortgage Guide

Bankrate.com (tm) combines 20 years of independent journalism with pioneer new media skills to offer ... Reach thousands of homebuyers every week in Consumer Mortgage Guide

We've Moved!

I am pleased to announce that I have joined Allied Home Mortgage Capital Corporation as a Branch Manager in Ankeny. With ten years of mortgage experience, and a former President of Consumer Mortgage ...

Mississippi Department of Banking and Consumer Finance

Disclaimer: The following links will take you away from the Department of Banking and Consumer Finance's web site. Mississippi Mortgage Licensees That Have Web Sites

United Consumer Mortgage -- Mortgage loans, mortgage rates, mortgage ...

Welcome to United Consumer Mortgage. UCM is a mortgage company with national lending capabilities. ... One Step Ahead of the Competition! Our Goal: Superior Products and Service. Borrowers who are ...

Further Consumer Mortgage Info:

To qualify for a Consumer Mortgage in the United States, the borrower must be at least 62. The borrower must pay off any existing mortgage with the proceeds from the reverse mortgage and, if needed, additional personal funds. There are no minimum income or credit requirements for most Consumer Mortgage, and for most rConsumer Mortgage, the money can be used for any purpose. Some types of dwellings, such as lower-value mobile homes, do not qualify. Before taking out a Consumer Mortgage, applicants must seek HUD approved counseling. The counseling is a free safeguard for the borrower and his/her family, to make sure the borrower completely understands what a Reverse Mortgage is, and what the process of obtaining one is.