$700 Discount
for Doing Your Home Equity Conversion Application by Mail

HUD has recently changed it rules and now allows you to do your AARP/HUD counseling by phone.  You may also do your counseling in person if you prefer.  In addition, HUD now allows the loan origination process (talking to us) to also be handled by phone. 

So, if you do the Home Equity Conversion Mortgage (HECM) application with us by mail we will discount the fees by $700.  This will save us from having to pay a loan officer to come to the house to help you complete the application and answer any last minute questions.  Instead, we can answer the questions over the phone or you can meet face to face with a counselor and have any questions answered.  In addition, we will mail you the application with the required signatures highlighted and provide you with a list of the items we need copied and the item that HUD needs returned with the application.

Some borrowers prefer to meet a loan officer in person and have him or help them complete the application and make the required copies.  In most localities we can have a loan officer come to your home if you prefer.