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Jumbo Reverse Mortgage Specialist

Jumbo Reverse Mortgage Specialist California

I am Maggie O’Connell and I began originating Reverse Mortgages in 1993 specializing in Jumbo Reverse Mortgages and FHA Home Equity Conversion Mortgage. Over the years, the HECM program has dominated the reverse mortgage scene. But my focus has shifted back to Jumbo’s because of recent improvements along with the incredible home values in California, Nevada, and other parts of the nation. Choose from numerous fixed interest rate options or jumbo variable rate line of credit (Only in California but I’ll post here when new states are approved) If you select a lower fixed rate, you receive less money and higher rates provide more funds (with proprietary/jumbo options) I ask you, why make mortgage payments in retirement? You can eliminate the payments and live the life you deserve!   So, my friends, if you own a high value home and meet the age requirement, take advantage of these new programs available.  I’ll give you the details, some low cost options, and an honest proposal to help you make an informed decision.

Offering Jumbo Reverse Mortgages in  these states (click here)

“I’ll put my 26 years of Reverse Mortgage experience and expertise to work on your behalf!”               

Contact Maggie O’Connell!

Spot Condo Approvals will be available Oct. 15, 2019

Link to Aug 21, 2019 Article  regarding HUD new Mortgagee Letter regarding single-unit condo approvals for non-FHA approved Condos

Summary:  FHA will be able to insure a mortgage on a Unit in a Condominium Project that is not included in the list of FHA-approved condominiums if the project meets certain minimum requirements.

 

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