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Tuesday, 29 August 2017 06:00

KKOB on August 29

As the population ages, many large national and out-of state lenders are offering reverse mortgages. Ben Lucero talks about why Indigo Mortgage advises against working with these companies and why he endorses local mortgage brokers for your reverse mortgage.

Published in Radio
Tuesday, 29 August 2017 12:54

Reverse Mortgages: Keep it Local

As the population ages, the mortgage industry is seeing a large increase in reverse mortgages. Many companies advertise their reverse mortgage services, but many of these lenders are large national companies, or out-of-state lenders. At Indigo Mortgage, we encourage seniors to keep their loans local. Here’s why, especially when it comes to reverse mortgages.

When potential borrowers engage national lenders or out-of-state lenders, often they find that they are put under a lot of pressure. Many times, the lenders are vague and do not answer all questions fully. Instead of helping borrowers understand the pros and cons of the reverse mortgage program, these lenders are more concerned with making a profit. Borrowers may never be able to speak with their loan originator face-to-face, and, after the transaction has been completed, they may never hear from them again.

A local mortgage broker like Indigo Mortgage is much easier to do business with because we care about you and your loan. Because we’re local, we are happy to meet with you in person and take the time to answer all of your questions. We do not pressure you to apply for a reverse mortgage, rather we give as much information as possible so you can feel comfortable with making your own informed decision. There are so many aspects of the reverse mortgage that are more easily addressed in person, and when you work with Indigo Mortgage, your loan originator is always here, available for you.

Published in Blog
Monday, 24 July 2017 15:49

Local Reverse Mortgage Consultation

It seems like every time you turn on the TV, you’re bombarded with commercials for reverse mortgages. Famous actors are often enlisted to promote the benefits of reverse mortgages, but when seniors engage these big advertisers, things change very quickly. Indigo Mortgage is certified to offer reverse mortgages, and we get numerous calls from seniors who have called these lenders.

Often, seniors tell us that when they call one of these national advertisers to inquire about a reverse mortgage, they are put under a lot of pressure, but the lenders do not take time to answer the senior’s questions. Seniors tell us about the relentless follow-up calls, and that if the senior tells them they are not ready to purchase a reverse mortgage, these lenders often pass their name on to other lenders who then start calling the senior.

At Indigo Mortgage, we believe that a senior is better served working with a local mortgage broker that can answer their questions face-to-face, a broker that can answer all questions thoroughly, and who really cares about their clients.

At Indigo Mortgage, seniors can’t just go to apply for a reverse mortgage. We first answer any and all questions they may have to make sure they have a full understanding of the reverse mortgage program. Then, the senior must undergo a counseling session conducted by an unaffiliated third party authorized by the government. This is to protect the senior and ensure that they make an informed decision about their loan. Working with a local mortgage broker like Indigo Mortgage means that you work with a lender that cares about you. If you’re interested in learning more about reverse mortgages, contact us today.

Published in Blog
Tuesday, 25 July 2017 06:00

KKOB on July 25

Today on KKOB, Ben Lucero talks about reverse mortgages. Reverse mortgages can be a great option for seniors, if they have enough information to make the decision. Listen to learn about the benefits of consulting with a local mortgage broker like Indigo Mortgage to get the facts before purchasing a loan.

Published in Radio
Thursday, 02 June 2016 15:24

KKOB on June 1

Don’t trust a screen actor to be your expert in reverse mortgages. Although they do make enthralling performances on the big screen, when it comes to reverse mortgages they are surely not the experts.

Published in Radio

The Reverse-to-Purchase Loan (Reverse Mortgage) was established in 1961, as a unique way to help a widowed wife in Portland, Maine keep her home...

Published in Blog
Thursday, 17 March 2016 20:37

KKOB on March 15th

The Reverse Mortgage: Exciting Options for Seniors

Published in Radio
Tuesday, 23 February 2016 20:29

Reverse Mortgages "Made Simple"

Many lenders across the United States, including our company Indigo Mortgage, caution seniors about the complications of using an out-of-state lender for a Reverse Mortgage. There are many scams that have been reported to the Federal Government...

Published in Blog
Tuesday, 23 February 2016 20:13

KKOB on February 23rd

Caution: Reverse Mortgages

Published in Radio
Tuesday, 27 October 2015 00:00

KKOB on October 27

Stay Local with Your Reverse Mortgage

Published in Radio
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