Free Reverse Mortgage PDF's
Nebraska Reverse Mortgage Directory
Nebraska Reverse Mortgage Specialists
Welcome to the Nebraska state reverse mortgage directory. We are currently accepting listings in our Reverse Mortgage Directory for each state. We are happy to provide this free service to our web visitors. If you are a Nebraska reverse mortgage broker or reverse mortgage lender, please Contact Us for listing details and costs.
MetLife Reverse Mortgages - Nebraska
MetLife Reverse Mortgage Consultant
My philosophy is to listen to each customer's needs, and respond to those needs efficiently and effectively. I strive to build long-term relationships, so that as your lender, I will be with you each time your life necessitates a home change. Many lenders can 'get you a loan'. My goal is to 'get you the right loan'. I am proud to be a loan officer for MetLife Home Loans. I look forward to fulfilling your home financing needs.
Larry Saub
Reverse Mortgage Consultant
Metlife Bank, N.A.
Office - 402-334-2099
Email | Website
About Reverse mortgages in NE
The reverse mortgage, often referred to as the Seniors Reverse Mortgage is a unique type of loan product that directly benefits seniors during their retirement years. The Nebraska Reverse Mortgage is growing in popularity, as is the Reverse Mortgage in general. Proof of this growing popularity can be found from the below numbers (as brought to you by NRMLA the National Reverse Mortgage Lenders Association.)
- 2005 - 48,493 homeowners took out a reverse mortgage
- 2006 - 86,639 homeowners took out a reverse mortgage
- 2007 - 132,252 homeowners took out a reverse mortgage
There are a variety of Nebraska reverse mortgages available. The most popular Reverse Mortgage in Nebraska is the HECM. HECM stands for Home Equity Conversion Mortgage, and is usually what homeowners decide on when they consider getting a Reverse Mortgage. Nebraska reverse mortgages are fairly easy to obtain.
Basic NE Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
Revere Mortgage Resources
We do not make loans. If there is not a licensed representative in your area feel free to inquire with HUD, or the mortgage regulatory body in your state for more information on reverse mortgages. You may also contact the National Reverse Mortgage Lenders Association, or "NRMLA" for a licensed representative in your state.