Hud Certified Counseling Agency

http://www.smartmoneyhousing.com/

Can I refinance my current HECM Reverse Mortgage?

Yes, you can refinance your loan, however, I need to run your exact situation to see if it makes sense to do this type of refinance. Please call or email me at 773-435-7955 or jim.peddle@guaranteedrate.com.


www.guaranteedrate.com\reverse

New Lending Limits--$417,000 calculator

Below is a link to calculate the affect of the new pending limits we will be able to offer sometime in the near future. Please email me at jim.peddle@guaranteedrate.com so I can contact you once the limits are officially put in place by HUD sometime later this year.


https://www.ibisrmo.com/417/

This change will greatly benefit those with home values greater than $275,200 in Cook County, Illinois.

Jim

Manufactured Homes/Mobile Homes-Reverse

I receive many inquiries for mobile home and manufactured housing reverse mortgages. This link is a good primer on what types are eligible for reverse mortgages. Please read the entire link and call me at 773-435-7955 or reach me at www.guaranteedrate/reverse.



http://64.233.169.104/search?q=cache:uzwb7A_2TZoJ:myfhahomeloan.com/Manufactured-Homes.html+fha+tagged+trailers+mobile+homes&hl=en&ct=clnk&cd=3&gl=us

How do I check if a Lender is approved to offer the reverse mortgage?

That's very easy to do, click on this link to verify your lenders ability to close the Reverse Mortgage product in your city or state.
http://www.hud.gov/ll/code/llslcrit.cfm

How do I contact you directly?

Jim Peddle

jim.peddle@guaranteedrate.com

312-286-3200 phone
773-328-6572 fax

Federal Trade Commission: Facts for Consumers

Here is a good article from the FTC website for you to read!!!!

http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea13.shtm



http://www.guaranteedrate.com/reverse