Why a Reverse Mortgage is Useful in Our Current Economic Environment

In September 2011 the President announced a plan to slash the federal deficit by more than $3 Trillion. The plan calls for $1.5 Trillion in new taxes as well as $320 Billion in cuts to Medicare and Medicaid. If our deficit grows, additional cuts could be coming to Medicare and other social programs. A Reverse […]

3% Down Payment Program… We Like It!

Typically when we see the phrase “3.5% Down Payment Only” we think of the FHA program. This FHA program is considered the “Saving Grace” for many First Time Home Buyers. Because the underwriting guidelines are not as stringent as Conforming Loan Programs. The credit score required for an FHA loan can go down to 600 […]

US household debt burden hits record low, a positive spending sign

Brought to you by: Reuters.com – A measure of the burden of U.S. household debt sank to a record low in the fourth quarter, offering more evidence of improving household finances that should lend support to consumer spending and the economy. The household debt-service ratio – an estimate of the share of debt payments to […]

How Does an Extra Payment Impact a Mortgage

Why Make an Extra Mortgage Payment? Considering the current state of the economy, many people are trying to pay down debt to unburden themselves financially. Have you considered paying down your home loan? Your mortgage is probably the biggest debt you will have in your lifetime; paying it off early will save you potentially thousands […]

Faze One Funding Refutes Reverse Mortgage Myths

It is unfortunate, but there are quite a few myths surrounding reverse mortgages. For this reason, many people never look into this way of bettering their financial situation. Once you are aware of these myths, as well as the truths that refute them, you will be in much better position to make an informed decision. […]

Launch of the new Faze One Funding Website

We’re excited to announce the launch of our new website. The new website has various unique features allowing visitors to find releavent information in regards to Mortgage financing. We encourage everyone to visit the new website and share it with friends and family. You can view the website at http://www.fazeonefunding.com or http://www.reversedreams.com  

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