Reverse Mortgage Information


What to Do About the Economy? Patronize Small Businesses & Donate/Volunteer for Local Charities

I've been reading posts, listening to the news and the talking heads and I have an idea.  Not an original one to be sure. But one worth posting.

Small business seems to have been completely left out of any economic stimulus, with the government figuring that all their printed dollars used to bail out Wall Street and Auto Manufacturing will somehow filter down to small business.  I'm no economist and I hope that some of that money does... but I know that there is something I can do personally and I am challenging each of us to do the same.

Patronize a small business in your community TODAY. Make it your goal to do business with small, professionally run businesses.  Alternatively or in addition, give/donate to a local charity who can help our local troubled neighbors to get through this tough time.

I'm thinking of all I have to do today and how I can use my neighborhood businesses to get it done.  I'll have to buy more moving boxes.  Check.  I need a hostess gift.  Check.  My car needs an oil change and a wash.  Check.

What are you going to do?  Please post it!  Or better yet - post what you've done to help your community small businesses tonight after your done.





By Deborah Nance


Your Local Southern California Reverse Mortgage Professional

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iReverse Home Loans, LLC, NMLS#810502 originates reverse mortgages in Alabama, Alaska, Arizona (MB-0919584), California, Colorado, Connecticut, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon (ML-5378), Pennsylvania, South Dakota, Tennessee, Texas, Utah, Vermont (1164-MB), Virginia, Washington and Wisconsin. 

Important Information: Reverse Mortgages are neither "endorsed" nor "approved" by the Federal Government. The FHA (Federal Housing Administration) provides certain insurance benefits for lenders and borrowers in connection with the lender’s HECM loans; the FHA does not make or originate loans. The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage loan to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, we strongly recommend that you consult with a qualified independent housing counselor, family members and other trusted advisers before making this decision. This website is not from HUD or FHA and was not approved by HUD or any government agency.

Comment balloon 1 commentDeborah Nance • November 04 2009 10:58AM


Deb - is that okay if i call you Deb? I am kind of glad Obama left us out of the stimulus, i dont want the government in my business any more than they are now, but i agree with you that small business is hurting now and our community should do what ever they can to support us.


JP Lowry

Posted by Jay-Paul Lowry over 9 years ago

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