and my personal home page. Now that you have made it here, my goal is to provide There are many resources available to you now via the internet, personal contacts, thirdparty counselors, and advisors like myself. My belief is that the best thing you can do is to find a company, and an advisor, to help you navigate through this information. Through open communication with an experienced advisor, you should Four important things to consider when learning about a Reverse Mortgage Work with a Reputable Company Ensure that you are working with a reputable company that focuses on Reverse Mortgages. Reverse Mortgages have unique rules when compared to conventional loans. A company focused on this program will help ensure that you are provided with the most uptodate program details available. Companies that participate in industry organizations like National Reverse Mortgage Lenders Association NRMLA show a vested interest in promoting the product in a resourceful and ethical way. Companies must be licensed by HUD under the FHA, and should be a member of the Better Business Bureau Stay InHome Mortgage is a member Education Ask what resources are available to you. There are a number of valuable resources to assist you with becoming educated about these programs. Your advisor should readily provide these to you. The Reverse Mortgage industry is no longer a cookie cutter program and you need to be aware of the best plan for you. The availability of good information is constantly growing. There are Jumbo Loans for higher home values , Fixed Interest Rate options, Reverse Mortgages used to purchase 1st or 2nd homes , and other programs available. Explain your goals thoroughly and your advisor should present options that best fit your needs. Your Advisor Relationship Pick the right advisor for YOU. In my opinion, this is a relationship that you should have for life. This is probably the last loan you will ever need. Always ask good questions and evaluate how they are answered. Your advisor should know this product inside and out and, just as importantly, should be someone you feel comfortable dealing with. While costs are always a factor, you should never go with the lowest priced advisor, if its only for that reason. An advisor should understand your goals, give you options to consider, Think Outside The Box This program works in reverse of what you have learned throughout your life. You are no longer paying a mortgage on your home your home is now paying you. It can be difficult to imagine adding debt back into your home, but think of this program like a taxfree savings or 401K account that you have put money into over the years. You are now at a point in your life where this money may be better utilized than sitting in your house. You cant take your equity with you when you pass away. Be open minded about this option, you never Thank you for your time. Please feel free to contact me anytime. I look forward Copyright 2009 Stay InHome Reverse Mortgage Inc. All rights Reserved.