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DID YOU KNOW??

12/10/2017

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​Our company American Pacific Reverse Mortgage Group is an experienced Reverse Mortgage Lender ranked as number 25 in loan volume in the country. I’ve been a lender for many years and know your time is very valuable. But, I do want to keep you informed of this excellent product for those clients over 62 that would like to purchase a home preferable without the burden of monthly loan payments.
 
 Since Reverses are different from forward loans that you see most often I thought it would be good to send out helpful information to you.
We don’t expect you to be exerts. If you know something about this great product you will feel more comfortable recommending this type of financing and referring your customers’  to me: 800-266-9606
 
Anyway, here is some good information for this time:
 
A Reverse Mortgage is referred to as a H.E.C.M (Home Equity Conversion Mortgage) it is a unique loan designed for borrowers 62 years of age and older. Borrowers can access their home equity in the form on monthly income, a line of credit or immediate cash, or a combination of all three.
 
That’s all for now.
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    Author

    Ken and his wife Elaine have been residents of Placer County since 1972 having moved here from San Jose. Ken is a native Californian, born and raised in southern California. He and his wife presently live in Rocklin. .He served in the U.S. Army engineers in Korea during the War as a demolition specialist and operations sergeant in a construction engineers. He attended Pierce, West Valley, and  D' Anza Colleges working toward a degree in Real Estate. Ken has been a licensed real estate agent since 1955 and a licensed Broker since 1964, License #00276581, and as a Mortgage Loan Originator licensed under the National Mortgage Lenders Act, License
     # 235078. Ken's been active in a number of professional and Community Service organizations. To name a few: CA Mortgage Brokers Assoc., CA Real Estate Assoc., National Foundation for Boys, Inc, Kiwanis Club of Roseville, National Aging in Place Council for seniors citizen, and the American Legion.  He was Senior Vice President, of the Kissell Company, and Great American Mortgage Co., two of the nation's largest mortgage banking firms, and later as President of Loomis Mortgage Corporation.  Since 2002 he has specialized in reverse mortgage lending serving our senior citizens, presently with American Pacific Reverse Mortgage Group a division of American Pacific Mortgage Corporation, a nationally recognized Mortgage Banker licensed in 18 states with over 150 branches.

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    “The views, articles, postings, and information listed at this website are personal and do not necessarily represent the opinion or the position of American Pacific Mortgage Corporation. The views expressed are mine alone and do not necessarily reflect the views of American Pacific Mortgage Corporation.”

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