Getting a Reverse Mortgage in Florida Made Easy by RU62YET.com & Donna Moore

Aug. 24, 2011 - PRLog -- “Senior homeowners are finding it more difficult to make ends meet these days.  In the past, a home equity loan or line of credit may have been an option,” says Donna Moore, a licensed loan originator specializing in Reverse Mortgages with Hamilton Group Funding.  “But those loans require the borrower to make monthly payments which can be very difficult on a fixed income.  Qualifying for those loans is also harder as lenders have tightened guidelines.”

Fortunately, for homeowners 62 or older who have little or no mortgage, a reverse mortgage could be a logical answer.

“A senior’s home is their number one asset,” explains Moore, “the equity they have been building over the years could provide funds to help with health care costs, living expenses and home maintenance.  A reverse mortgage converts the home’s equity into cash to fulfill any need that may arise.”

A reverse mortgage is a financial tool that allows borrowers to continue to own and live in the home independently.  Qualifying for a reverse mortgage is quite simple as it is not credit score or income based.  There are no monthly payments and the loan does not have to be repaid until the last surviving borrower ceases to live in the home or the home is sold.

Reverse mortgages are federally insured and are available in both fixed and adjustable rates.  The borrower remains responsible for paying the taxes, insurance and maintenance of the home.

“Many seniors live a better and more comfortable life with a reverse mortgage,” says Donna.  “It’s important to make an educated decision after obtaining all of the facts regarding this financial opportunity.  One should always do business with a licensed professional who can provide details, analysis and a variety of options through reputable lenders.”  Those interested in obtaining more free information with no obligation can contact Donna Moore at (727) 831-3416.

About Donna Moore & RU62YET.com
Donna Moore specializes exclusively in providing Reverse Mortgages to seniors in Florida. Because she focus on Florida's west coast region including Hillsborough county, Pinellas County, Pasco, Manatee and the greater Tampa Bay area, she is able to provide expertise on local home values, underwriting conditions common to Florida properties and other elements specific to our state. Donna is happy to meet with you and personally walk you through the entire process. Donna has years of experience in the industry and have provided a multitude of seniors with Reverse Mortgages. No two individuals are the same, nor are any two reverse Mortgages, for this reason my personal service guarantees that you will get the reverse mortgage best suited to your needs, not someone else's.

Donna’s involvement in the senior community as an educator and advocate has earned me a reputation as an expert in the industry. Donna is often asked by Not-for-Profit organizations to inform the seniors of St. Petersburg, Clearwater, Tampa, Oldsmar, Palm Harbor, Pinellas Park and other locals, the straight facts on HECM (Home Equity Conversion Mortgage) which are commonly called reverse mortgages. Donna works with many other senior professionals that I can confidently recommend for other needs that may arise. She personally selects the professionals to work with and is proud of the work done over the years to help promote an accurate understanding of the pros and the cons of reverse mortgages within the senior community as well as the professional community. Her goal is to educate seniors and provide the highest quality service in the reverse mortgage industry.

Donna is a licensed and associated with Hamilton Group Funding, a HUD and FHA approved, Reverse Mortgage lender.

# # #

About Donna Moore & RU62YET.com
Donna Moore specializes exclusively in providing Reverse Mortgages to seniors in Florida. Because she focus on Florida's west coast region including Hillsborough county, Pinellas County, Pasco, Manatee and the greater Tampa Bay area, she is able to provide expertise on local home values, underwriting conditions common to Florida properties and other elements specific to our state. Donna is happy to meet with you and personally walk you through the entire process. Donna has years of experience in the industry and have provided a multitude of seniors with Reverse Mortgages. No two individuals are the same, nor are any two reverse Mortgages, for this reason my personal service guarantees that you will get the reverse mortgage best suited to your needs, not someone else's.