Phoenix Reverse Mortgage
Seniors 62 or older who need extra funds or simply interested in tapping into the equity in their home through a Arizona reverse mortgage, will notice that fees in Phoenix have dropped due to more and more banks competiting for their business. The closing cost of a Arizona reverse mortgage has almost been cut in half. A reverse mortgage is a more common term for a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Maricopa County area.Phoenix HECM Lenders
There are a number of factors that affect whether or not you qualify for a reverse mortgage in Phoenix. If you have little equity, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.Phoenix, AZ has an estimated population of 1585838.
4) Manfredi, Michael CEO - Reverse Mortgage Concepts
9915 E Bell Rd, #114, Scottsdale, AZ
(602) 574-5778
5) Reverse Mortgage Inst-Arizona
9185 W Thunderbird Rd, Peoria, AZ
(623) 547-7034
7) Phoenix Home Loan and Mortgage
2 N Central Ave, #170, Phoenix, AZ
(602) 814-0036
8) Bank of America Mortgage
18185 N 83rd Ave, Ste 101, Glendale, AZ
(623) 537-3160
9) Bank of America Mortgage
2501 W Happy Valley Rd, #1020, Phoenix, AZ
(623) 388-8960
National reverse mortgage companies such as Bank of America, Citi, Lending Tree, Wells Fargo and Wachovia are part of the mortgage network.