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Dedicated to all seniors like my self who need or want information not propaganda about the reverse mortgage field whether you have a home worth $100,000 or $12,000,000 dollar home. What is and is not a wise financial decision for the the rest of you retirement years.
Author of Reverse Mortgages for Seniors
Gary R Donley
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About Me
- grdonley
- Conneaut, OHIO, United States
- District manager for United Community Lending and the Spiriter Reverse Mortgage Solutions. Mr. Gary Donley is a district Manager, ,has been helping seniors with reverse mortgages for five years. Doing HECUM and private products in the reverse mortgage field only.
Where to order Home Made Money
Welcome a look at your future
As we all mature we almost alway wish I had done some things different. Most of the time it involves financial matters, should of bought Mirosoft stock, Oil or gold, or maybe just spent what we had differently?
In 1989 congress in acted a law giving HUD,Fannie Mae and FHA, the authority to do Hecum Reverse Mortgages. Non Recourse in nature, hopping that seniors would and could stay in thier own homes and take some of the Medicade (nursing home care) burden off the Social Security.
Now seniors 62 and over owing less then 50% or less on there homes (Percentage depends on age) can access the equity in there homes, never lose title, never make a payment, four ways to get your money all insured by FHA.
In 1989 congress in acted a law giving HUD,Fannie Mae and FHA, the authority to do Hecum Reverse Mortgages. Non Recourse in nature, hopping that seniors would and could stay in thier own homes and take some of the Medicade (nursing home care) burden off the Social Security.
Now seniors 62 and over owing less then 50% or less on there homes (Percentage depends on age) can access the equity in there homes, never lose title, never make a payment, four ways to get your money all insured by FHA.
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