Posted by IL-Notary on 5/9/05 2:16pm
Msg #36676

Revise Mortgage

has anyone done a revise mortgage? if so is the procedure alot different than signing a regular mortgage can I wing it.

Reply by Art_MD on 5/9/05 2:18pm
Msg #36678

Re: Do you mean reverse mortgage ? N/M

Reply by Il-Notary on 5/9/05 2:19pm
Msg #36679

Re: Do you mean reverse mortgage ? N/M

Oh yes sorry

Reply by BrendaTx on 5/9/05 2:32pm
Msg #36687

Reverse Mortgage...

If I were you, I'd read up on it a little bit on
http://www.reversemortgage.org

...not that you'll learn about the forms, but if you understand why...the forms will make better sense.

Just go one doc at a time...oh...and "pack a lunch" because sometimes these things can run into a little time.

Older folks are either zippy, or very cautious...may have sight problems...writing problems, etc.

Reply by Il-Notary on 5/9/05 3:41pm
Msg #36702

Re: Reverse Mortgage...

Thank you very much, I'll do that, and what fee do you charge?

Reply by BrendaTX on 5/9/05 3:55pm
Msg #36703

Re: Reverse Mortgage...

email me...

Reply by IL-notary on 5/9/05 4:29pm
Msg #36709

Re: Reverse Mortgage...

I e-mailed you Brenda tell me what you think, the company call me back there PSS Professional Settlement, have you work for them?

Reply by BrendaTX on 5/9/05 4:47pm
Msg #36714

Re: Reverse Mortgage...

Never worked for PSS...but your quoted price was good as far as I can tell.

Reply by BrendaTX on 5/9/05 4:47pm
Msg #36715

PS - I wrote you back. n/m

Reply by Traci/MD on 5/9/05 6:26pm
Msg #36738

Re: Reverse Mortgage...

I agree with Brenda. They can take longer because you are dealing with an older signer. They are sometimes very lonely and looking for companionship. They have been well informed about the process.

Reply by BrendaTx on 5/9/05 9:44pm
Msg #36787

Scheduling tip...

Try to get there about 45 minutes before the Wheel of Fortune comes on.

You'll be in and out QUICKLY.

= = = = =

One real tip:

Before you go to the signing...try to get the loan officer's number/cell number. It will save you lots of fretting and hand-wringing time if there's a tiny little thing that they don't understand on the paperwork.