Reverse Mortgage Irvine reports consumers feel more confident about obtaining a reverse mortgage after obtaining this guide, as they better understand what the reverse mortgage entails

Irvine, CA -- (SBWIRE) -- 10/07/2014 -- Reverse Mortgage Irvine announces the release of a comprehensive, free, no-obligation guide to reverse mortgages. This guide strives to answer questions about reverse mortgages, ones many consumers continue to have, and significant research was done prior to publishing this guide to ensure no topic was overlooked.

"Consumers regularly find they learn something new when reading this guide, as it covers such a wide range of topics. Many find, after reading this guide, the information obtained allowed them to discover something very important for their financial future," Matt Evans, spokesperson for Reverse Mortgage Irvine, declares.

Consumers prefer working with Reverse Mortgage Irvine as the specialists never push to sell a product the consumer doesn't want or need. The guide ensures common questions about Reverse mortgages are answered, and deals with everything from restrictions on reverse mortgages to repayment calculations.

"Things you should know about reverse mortgages include drawbacks of this type of loan, living requirements as they relate to the home, and the effect of a reverse mortgage on various federal programs, such as Medicaid or social security disability. One cannot be too careful when obtaining a financial loan, and Reverse Mortgage Irvine understands this, publishing the guide to put fears to rest, while ensuring consumers have the facts needed to make an informed decision," Evans continues.

Reverse Mortgage Irvine provides alternatives to reverse mortgage loans, as consumers need to understand all options before proceeding. Home equity loans meet the needs of certain consumers, while others find they don't want the hassle of a monthly payment. These are just two of many options available today. As the company only handles this type of product, consumers needn't worry about sales calls for other financial offerings.

As Evans explains, many consumers find they are in a difficult financial situation and make a hasty decision to obtain a reverse mortgage or home equity loan, failing to consider alternatives when doing so. With the help of this guide, consumers find they can learn more about a reverse mortgage, even if they don't need additional income at this time. There is no obligation with the guide, so consumers should request one today, even if they have no plans in the foreseeable future.

Those who do opt for a reverse mortgage often choose to make use of a Home Equity Conversion Mortgage (HECM), and the guide explains the benefits of choosing this financial product over the many others offered now. This reverse mortgage product differs from numerous others in that it is regulated and insured by the United States Federal Housing Administration. Certain guidelines must be met to qualify for this type of loan, yet many find they qualify easily.

"Reverse mortgages tend to be very complex. Get your free guide today, to obtain the desired information, without worry of being pressured into making a quick decision. Read the guide carefully, and take the time to discuss options with family members and trusted financial advisers. Reverse Mortgage Irvine wants clients to be satisfied with their decision, not only at the time it is obtained, but well into the future. If, at any time, the consumer decides a reverse mortgage meets their needs, we'll be happy to help," Evans proclaims.

About Reverse Mortgage Irvine
Reverse Mortgage Irvine focuses strictly on this type of financial product and takes the time to get to know each client's unique situation. The company provides expert advice like only true specialists can.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The guides are designed to answer all of the common questions consumers have about these loans.

Irvine, CA -- (SBWIRE) -- 10/07/2014 -- Many seniors don't have as much money available in their retirement as they really need, but they often do have equity in a primary residence. Reverse Mortgage Irvine is now offering a free guide that covers many of the critical questions that families have about these loans, so that people can make a more informed decision about whether using a loan to access that equity is a sensible financial move in their situation.

The latest survey information from the Federal Reserve includes some troubling details about the state of retirement saving in the United States. Just under a third of the people responding indicated that they don't have any retirement savings or pension, and this included just under 20 percent of households with people aged 55 to 64. Many individuals have admitted that they can't even really afford to retire, and will have to keep working as long as possible. For people who don't have enough in retirement but do have equity in their primary residence, a reverse mortgage could represent a good retirement planning tool.

The loans themselves are a way of getting access to the equity in a home, without the risk of losing the property that a home equity loan represents. However, the decisions involved can initially seem overwhelming. People don't just have to decide whether they want to do it, they also have to make decisions like whether they want to get the money in monthly payments, a lump sum, as advances on a line of credit, or some combination of those options. According to Matt Evans, a company representative, "For people who've never heard of this option before, it's a big decision. We feel that it's important that someone be able to get the necessary information, and then have time to digest it before deciding what is best for their family."

Evans adds, "We also know that a lot of people don't want to get in touch with us right away because they're afraid they'll get a hard sell. That includes some of the people who would benefit most from these loans. That's what inspired this guide. It covers the really important questions that we hear every day and offers all of the basic details of how these loans work. Someone can visit our website at reversemortgageirvine.net to request a copy for free and read through it with absolutely no obligation. It's entirely up to them whether to seek more information or not."

When asked what he wanted to say to people who were debating seeking information, he said, "I would just say get your free guide because it answers critical reverse mortgage questions. Make sure that you understand what's available. This is a big decision, and we don't want anyone to have to make it under pressure, but we also want to make sure the information is out there for the people who need it."

About Reverse Mortgage Irvine
Reverse Mortgage Irvine is a company that is entirely focused on helping people to use reverse mortgages as a retirement tool. They are true specialists in the area who try to help every family to choose the options that best fit with their long-term goals and dreams. There is additional information at their website, www.reversemortgageirvine.net, explaining how the loans really work and clarifying details like who qualifies and how these loans differ from a traditional mortgage. They feel that people who are making big decisions deserve to do with guidance from someone who is an expert in the area, and can walk them through all of the necessary details and steps.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm