Santa Clarita Reverse Mortgage Specialist Explains Loan Process in 3 Steps

November 27, 2017 abryant

Reverse mortgage loans can sometimes be confusing, says one Santa Clarita reverse mortgage specialist.

“There can be confusion surrounding a reverse mortgage,” says Steve Schaefer, a Santa Clarita mortgage professional at American Family Funding. “The biggest misconception is that these are last resort loans, when in reality, many of the families I work with find them to be hugely beneficial when used correctly and at the right time.”

For those of you who are curious about the reverse mortgage process, here’s a simple 3-step guide to understanding the process.

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Santa Clarita home loan lender American Family Funding can help you fulfill your dream of home ownership. A highly rated Santa Clarita mortgage lender, American Family Funding maintains a focus on community involvement and a commitment to giving back whenever possible. Friendly mortgage brokers make the first time homebuyer experience an easy and stress-free experience — even with bad credit or a low down payment. The Santa Clarita home loan officers at American Family Funding also specialize in VA loans, reverse mortgages, refinancing and the STAR Loan Program.