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Showing posts from February, 2013

Rick Rodriguez, Reverse Mortgage Specialist

Rick Rodriguez, Sales Manager Obtain personalized information on reverse mortgages from Rick Rodriguez, Sales Manager at Proficio Mortgage

Reverse Mortgage Changes

HUD announced on January 30, 2013, that the FHA standard fixed rate reverse mortgage program will be eliminated.  The change will take effect on April 1, 2013 for all new FHA case numbers assigned.  For those who have chosen the standard fixed rate option and are able to secure a case number prior to April 1, they will have until July 1, 2013 to complete their loan. If you are interested in obtaining a copy of HUD's Mortgagee Letter or more details on the changes to come,  visit www.proreverse.com/rickrodriguez or contact Rick Rodriguez, Production Sales Manager at Proficio Mortgage at 877-576-3783.