Grants Pass Reverse Mortgage LendersSeniors who are aged 62 or older can take advantage of a government insured program called a reverse mortgage that allows them to receive tax-free cash while staying in their homes through a Oregon reverse mortgage lender. The program allows seniors to take out a lump sum of cash, or RECEIVE a monthly payment from the lender. Reverse mortgage fees in Grants Pass have dropped due to more and more banks competiting for their business in this growing market. The closing cost of a Oregon reverse mortgage has almost been cut in half with special mortgages introduced by the FHA such as the HECM Saver and HECM Standard. A reverse mortgage is also known as a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Josephine County area.
Grants Pass Reverse Mortgage CompaniesThere are a number of factors that affect whether or not you qualify for a reverse mortgage in Grants Pass. If you have no equity, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.
Grants Pass, OR has an estimated population of 33673.
1) Petel, Nadine RM Advisor - Reverse Mortgage-Security One Lending
1867 Williams Hwy, #261, Grants Pass, OR
2) American Nationwide Mortgage
1051 Ne 6th St, Grants Pass, OR
3) Wells Fargo Home Mortgage
2204 Nw Highland Ave, Grants Pass, OR
4) Redwood Financial Services
1454 Nw 6th St, Grants Pass, OR
5) Northwest Community Credit Union
162 Ne Beacon Dr, Ste 120, Grants Pass, OR