Reverse Mortgages - Get The Money You Need - Part 2 Of 4

Reverse Mortgages - Get The Money You Need - Part 2 Of 4

Published on: 22/08/2024

To recap part 1, Reverse Mortgages are loans that allow you to borrow back the equity in your home. If you are 62 years of age or older, they are a way to borrow against the equity in your home to provide you with tax-free income. Probably a good idea if you're a senior who needs cash for medical care, to maintain your standard of living, or for other reasons. So, what are some of the disadvantages of Reverse Mortgages? - They are even more complicated than conventional..

Lower Mortgage Payments Can Increase Wealth

Lower Mortgage Payments Can Increase Wealth

Published on: 02/08/2024

Creating and maintaining wealth is a very difficult task. Ask any millionaire!!! The delicate balance of living a dream lifestyle and holding expenses tight creates this difficulty. As a financial advisor, I have assisted people accumulate monies to live their dream life while discovering ways to reduce their necessary expenses. Everyone would agree mortgages are necessary expenses. Probably the biggest expense most of us have. Mortgages present the opportunity to secure inco...

Cheap Mortgage Rate

Cheap Mortgage Rate

Published on: 30/07/2024

Must-Ask Questions When You Get Your Mortgage Whether you're buying a house or refinancing, there is more to a mortgage than the rate. Here are eight questions to ask while mortgage shopping. You'll have to ask yourself some of these questions; others can only be answered by mortgage professionals and insurers. How long do I plan to stay in the house? That's often a hard question to answer. Try anyway because a lot of your decisions depend on the answer. The answe...

The Decision to Rent or Buy A Home

The Decision to Rent or Buy A Home

Published on: 18/07/2024

The pace of life can be so quick that we have a tendency to blow by important decisions. One such decision is the decision to rent or buy a home.

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5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

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NMLS# 1660690 | 3100 W Ray Road #201 Office #209 Chandler, AZ 85226

NEXA Mortgage LLC is an Equal Housing Lender

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov