Our Reverse Mortgage Blog

December 16th, 2007 11:00 AM

This past week the US Senate passed their version of an FHA reform bill allowing for changes to government loan, including the increase of loan limits in certain counties of the U.S. Since the House already had passed their version of the bill, word has it that the two will get together soon to hammer out the final version to send to the President for signing.

Lenders have anticipated that this will help many people purchase homes using FHA and seniors will benefit by having raised maximum mortgage benefits for Reverse Mortgages. Stay tuned for more information as these changes take effect. As you plan your financial future going into 2008, you should consider getting a free reverse mortgage benefit analysis to have a clear picture of what is available to you. You can start to get this by CLICKING HERE.


Posted by on December 16th, 2007 11:00 AMPost a Comment (0)

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Certified Senior Advisors (CSAs) have supplemented their individual professional licenses, credentials, and education with knowledge about aging and working with seniors. The CSA designation alone does not imply expertise in financial, health or social matters. For details, visit www.csa.us. Gary W Smith, CSA is a member in good standing of this Society.