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Home > Financial Services > Mortgage Brokers > American Reverse Mortgage
American Reverse Mortgage
American Reverse Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, loan amount, time period of the loan, interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
The Reverse Mortgage became a valuable and safe tool for senior Americans when the United States Congress authorized the Department of Housing and Urban Development HUD through the Federal Housing Administration FHA Home Equity Conversion Mortgage HECM in 1989. The United States Congress passes FHA Reverse Mortgage Legislation, the Housing and Community Development Act of 1987, (S. 825) on December 22, 1987. President Ronald W. Reagan signs FHA Reverse Mortgage Legislation (S. 825) on February 5, 1988.
Expert knowledge of the product offered by any company is a critically important consideration by every potential customer of that company. Experienced providers can better counsel customers and suggest the appropriate options available utilizing all three available programs. We meet this high level of expertise with more Reverse Mortgage experience than anyone else.
They will provide you a personalized Reverse Mortgage proposal at no obligation. This custom proposal will compare all three Reverse Mortgages available today with your personal data and show which Reverse Mortgage provides the most cash for you. Also included will be a further explanation of how Reverse Mortgages work.
American Reverse Mortgage ARM is America's fastest growing exclusive Reverse Mortgage provider. They are a HUD Non-Supervised Lender, which is the highest category HUD designation. Our goal is to provide Seniors the opportunity to improve their financial status through FHA and Fannie Mae Reverse Mortgages.
Since the Reverse Mortgage is the most highly regulated FHA Mortgage, comprehensive training is required to become an ARM Reverse Mortgage Advisor. ARM has therefore created the most extensive Reverse Mortgage training program in the industry. This training includes classroom and application taking guidance using a Company Trainer. ARM also provides a computer training disk packed with everything a Trainee needs to become an ARM Reverse Mortgage Advisor.
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