Reverse Mortgage Stats

HELOC vs. Reverse Mortgage (Frequently Asked Questions)

There is a difference between a HELOC and a Reverse Mortgage, although to the average consumer they seem pretty close. Bankrate, does a fabulous job explaining the difference.
A reverse mortgage is an interest-only loan that capitalizes the interest expense along [...]


Georgia Top HECM through Q3 2008

Georgia has been one of the highest growth states for reverse mortgage/HECM in the United States.  Expect to see Wells Fargo’s numbers increase with their current acquisitions.

Top Georgia HECM Lenders
HECM
Loans
2008

FINANCIAL FREEDOM SENIOR FUNDI
70

PARK PLACE REVERSE MORTGAGE IN
62

WELLS FARGO BANK NA
59

GENERATION MORTGAGE COMPANY
58

SENIORS HOME REVERSE MORTGAGE
31

UNITY MORTGAGE CORP
24

LIBERTY REVERSE MORTGAGE INC
22

COUNTRYWIDE BANK FSB
17

GUARDIAN FIRST FUNDING GROUP [...]