Call 480 205-1341 For Expert Advice
Call 480 205-1341 For Expert Advice
Get a Personalized Quote from one of Arizona's Best Reverse Mortgage Specialists!
Get a Personalized Quote from one of Arizona's Best Reverse Mortgage Specialists!
TESTIMONIALS
What Our Clients Say About Us
"'Great folks to work with. Very helpful. Highly recommend.."
- Jason Hubek
"'Mayra Rubio my loan officer was amazing, she was always available to answer questions and make the process of my loan application go smoothly. She's very knowledgeable and patient, I highly recommend her, thank you"
- Yadira DiPalomares
"Andy and the team provided great help in getting me my home! There were knowledgeable and committed to the process. They assisted with my millions of questions, and kept me updated every step of the way. Highly recommended!"
- Jessica Puckett
"Andy and his team are very professional and great to work with. They have made the home buying experience very easy. Their availability and responsiveness is top notch.."
-Chris Rambeaux
"Had a great experience working with Traci and Tony!! They always made themselves available to me and made the process easy. Incredibly helpful and efficient, we closed with no delays!."
- Emi Zotaj
TESTIMONIALS
What Our Clients Say About Us
"'Great folks to work with. Very helpful. Highly recommend.."
- Jason Hubek
"'Mayra Rubio my loan officer was amazing, she was always available to answer questions and make the process of my loan application go smoothly. She's very knowledgeable and patient, I highly recommend her, thank you"
- Yadira DiPalomares
"Andy and the team provided great help in getting me my home! There were knowledgeable and committed to the process. They assisted with my millions of questions, and kept me updated every step of the way. Highly recommended!"
- Jessica Puckett
"Andy and his team are very professional and great to work with. They have made the home buying experience very easy. Their availability and responsiveness is top notch.."
-Chris Rambeaux
"Had a great experience working with Traci and Tony!! They always made themselves available to me and made the process easy. Incredibly helpful and efficient, we closed with no delays!."
- Emi Zotaj
WHAT IS A REVERSE MORTGAGE?
How The Reverse Mortgage Works
A reverse mortgage is a loan secured by your home. It must be your primary residence (that means that you, as the borrower, must live in the home for as long as you have the loan).
This type of loan allows borrowers to access a portion of their tax-free equity without making monthly mortgage payments. No payment is required until the last surviving homeowner moves, dies, or sells the home.
The borrower maintains the home’s title and is responsible for property taxes and homeowner’s insurance payments. The amount borrowers receive is determined by the HUD calculations based on the age of the borrowers (most specifically, the age of the youngest borrowing or non-borrowing spouse), the value of the home or the HUD lending limit, whichever is less and the interest rates in effect at the time.
Borrowers never have to make a monthly payment on reverse mortgage loans. There is never a prepayment penalty, so they can make any payment they wish, including repaying the loan at any time.
WHAT IS A REVERSE MORTGAGE?
How The Reverse Mortgage Works
A reverse mortgage is a loan secured by your home. It must be your primary residence (that means that you, as the borrower, must live in the home for as long as you have the loan).
This type of loan allows borrowers to access a portion of their tax-free equity without making monthly mortgage payments. No payment is required until the last surviving homeowner moves, dies, or sells the home.
The borrower maintains the home’s title and is responsible for property taxes and homeowner’s insurance payments. The amount borrowers receive is determined by the HUD calculations based on the age of the borrowers (most specifically, the age of the youngest borrowing or
non-borrowing spouse), the value of the home or the HUD lending limit, whichever is less and the interest rates in effect at the time.
Borrowers never have to make a monthly payment on reverse mortgage loans. There is never a prepayment penalty, so they can make any payment they wish, including repaying the loan at any time.
About Me
Ross Murray
Regional Manager of Neighborhood Loans
''Ross Murray is the epitome of a true go-getter with production that speaks for itself (top 1%). However, Ross’s professional achievements do not define him –as a man dedicated to respect, service, and uplifting others, he goes above and beyond to make a positive impact on his team, community, and clientele. Don’t talk about it –be about it. Hosting coaching sessions with his team, Ross opens his playbook and shares his methodology to providing competitive loan programs alongside an unmatched level of customer service, creative problem solving/solution finding, and a relentless pursuit of excellence. Ross is driven by building/growing relationships, inside and outside of the office –creating a culture of personal and career-centric growth. Whether you are working on wellness goals, financial goals, or relationship goals –Ross is always the first person to lend a hand, truly caring about the overall health and happiness of his team. In his free time, Ross pours himself into his community. So much so, he is a founding member of 100k100az while remaining active in other non-profits around the Valley such as ICan. Ross Murray is the type of guy to remember your dog’s birthday, the type of guy to close your loan in the blink of an eye, and most importantly, the type of guy that makes himself available to his community. Ross’s door is always open.''
About Me
Ross Murray
Regional Manager of Neighborhood Loans
''Ross Murray is the epitome of a true go-getter with production that speaks for itself (top 1%). However, Ross’s professional achievements do not define him –as a man dedicated to respect, service, and uplifting others, he goes above and beyond to make a positive impact on his team, community, and clientele. Don’t talk about it –be about it. Hosting coaching sessions with his team, Ross opens his playbook and shares his methodology to providing competitive loan programs alongside an unmatched level of customer service, creative problem solving/solution finding, and a relentless pursuit of excellence. Ross is driven by building/growing relationships, inside and outside of the office –creating a culture of personal and career-centric growth. Whether you are working on wellness goals, financial goals, or relationship goals –Ross is always the first person to lend a hand, truly caring about the overall health and happiness of his team. In his free time, Ross pours himself into his community. So much so, he is a founding member of 100k100az while remaining active in other non-profits around the Valley such as ICan. Ross Murray is the type of guy to remember your dog’s birthday, the type of guy to close your loan in the blink of an eye, and most importantly, the type of guy that makes himself available to his community. Ross’s door is always open.''
Copyright © 2023 Ideal Lending. All rights reserved.
We use cookies to help improve, promote and protect our services.
By continuing to use this site, you agree to our privacy policy and terms of use.
This site is not a part of Facebook website or Facebook, Inc.
This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
Ideal Lending LLC, NMLS 2471779 is not affiliated with or acting on behalf of or at the direction of the Federal Housing Administration (FHA) or any government agency or government-sponsored entity and this offer is not being made by an agency of the government. Ideal Lending LLC is a Licensed Mortgage Lender Servicer, FL MLD2414; Ideal Lending LLC only lends in CO, CT, FL, GA, TN, TX. Refer to www.nmlsconsumeraccess.org and input NMLS 2471779 to see where Ideal Lending LLC is licensed. Equal Opportunity Employer; Equal Opportunity Lender | This is not an offer for extension of credit or commitment to lend. All loans must satisfy underwriting guidelines. Not all applicants qualify. Information and pricing are subject to change at any time and without notice. Certain restrictions may apply.
© Ideal Lending LLC Office: 5589 Okeechobee Blvd Suite 101, West Palm Beach, FL 33417
Copyright © 2024 Neighborhood Loans. All rights reserved.
We use cookies to help improve, promote and protect our services.
By continuing to use this site, you agree to our privacy policy and terms of use.
This site is not a part of Facebook website or Facebook, Inc.
This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
Here at Neighborhood Loans, conducting business with our clients requires us to gather their non-public (or personal) information. Throughout the mortgage process, our team will need Social Security numbers, financial information, credit history, and other documentation to verify identity and evaluate risk. We go to extensive lengths to secure and protect the information clients provide by having procedural safeguards in place that comply with federal regulations.
This privacy notice discloses the privacy practices for (www.neighborhoodloans.com). This privacy notice applies solely to information collected by this web site. It will notify you of the following:
What personally identifiable information is collected from you through the web site, how it is used, and who it may be shared.What choices are available to you regarding the use of your data.The security procedures in place to protect the misuse of your information. How you can correct any inaccuracies in the information.
Information Collected and Used:
We are the sole owners of the information collected from our website and only have access to collect information that you voluntarily provide. We will not sell or rent this information to anyone.
We collect non-public personal information about you from the following sources:
Information we received from you on the applications or other forms, such as your name, address, SSN, asset, income, and employment information.Information about your transactions with us or others, such as your account balance or payment history.Information we received from a consumer reporting agency, such as your credit score and history.
We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request and as described below.
Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.
Information Shared:
We may disclose the above information to the following types of third parties:
Financial service providers, such as mortgage bankers, securities broker-dealers, investors, and insurance agents.Non-financial companies, such as title and escrow companies, appraisal companies, and credit reporting bureaus.Others, such as non-profit organizations, government, and regulatory entities.
We may disclose the above information to companies performing marketing services on our behalf.
The information-sharing described above is subject to your right to direct that we do not make the disclosures, and this opt-out right is described below. We may disclose non-public (or personal) information about you, including consumer report information that relates solely to our transactions and experiences.
Opting out
If you prefer that we do not disclose non-public personal information about you to non-affiliated third parties, you may opt-out and direct us not to make these disclosures (other than disclosures permitted by law).
We do not share personal credit information with non-affiliates for marketing purposes.
For joint accounts, opt-out choices will also apply to other individuals who are joint account holders. If these individuals have separate accounts, the opt-out will not apply to those separate accounts.
You may not be able to limit all sharing with third parties, such as information to process your transactions at your request, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
Security
At Neighborhood Loans, we take many precautions to protect your information. When you submit sensitive information via the website, the information provided to us is protected both online and offline.
Wherever we collect sensitive information; that information is encrypted and securely transmitted to us. You can verify this by looking for a closed lock icon at the bottom of your web browser or looking for “https” at the beginning of the web page URL.
While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.
Neighborhood Loans does not share SMS opt-in or phone numbers for the purpose of SMS with any third parties or affiliates.
To opt-out of sharing, or if you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 630-472-3412 or
.
Mobile Privacy Policy:
No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties.”
Copyright © 2024 Neighborhood Loans. All rights reserved.
We use cookies to help improve, promote and protect our services.
By continuing to use this site, you agree to our privacy policy and terms of use.
This site is not a part of Facebook website or Facebook, Inc.
This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
Here at Neighborhood Loans, conducting business with our clients requires us to gather their non-public (or personal) information. Throughout the mortgage process, our team will need Social Security numbers, financial information, credit history, and other documentation to verify identity and evaluate risk. We go to extensive lengths to secure and protect the information clients provide by having procedural safeguards in place that comply with federal regulations.
This privacy notice discloses the privacy practices for (www.neighborhoodloans.com). This privacy notice applies solely to information collected by this web site. It will notify you of the following:
What personally identifiable information is collected from you through the web site, how it is used, and who it may be shared.What choices are available to you regarding the use of your data.The security procedures in place to protect the misuse of your information. How you can correct any inaccuracies in the information.
Information Collected and Used:
We are the sole owners of the information collected from our website and only have access to collect information that you voluntarily provide. We will not sell or rent this information to anyone.
We collect non-public personal information about you from the following sources:
Information we received from you on the applications or other forms, such as your name, address, SSN, asset, income, and employment information.Information about your transactions with us or others, such as your account balance or payment history.Information we received from a consumer reporting agency, such as your credit score and history.
We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request and as described below.
Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.
Information Shared:
We may disclose the above information to the following types of third parties:
Financial service providers, such as mortgage bankers, securities broker-dealers, investors, and insurance agents.Non-financial companies, such as title and escrow companies, appraisal companies, and credit reporting bureaus.Others, such as non-profit organizations, government, and regulatory entities.
We may disclose the above information to companies performing marketing services on our behalf.
The information-sharing described above is subject to your right to direct that we do not make the disclosures, and this opt-out right is described below. We may disclose non-public (or personal) information about you, including consumer report information that relates solely to our transactions and experiences.
Opting out
If you prefer that we do not disclose non-public personal information about you to non-affiliated third parties, you may opt-out and direct us not to make these disclosures (other than disclosures permitted by law).
We do not share personal credit information with non-affiliates for marketing purposes.
For joint accounts, opt-out choices will also apply to other individuals who are joint account holders. If these individuals have separate accounts, the opt-out will not apply to those separate accounts.
You may not be able to limit all sharing with third parties, such as information to process your transactions at your request, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
Security
At Neighborhood Loans, we take many precautions to protect your information. When you submit sensitive information via the website, the information provided to us is protected both online and offline.
Wherever we collect sensitive information; that information is encrypted and securely transmitted to us. You can verify this by looking for a closed lock icon at the bottom of your web browser or looking for “https” at the beginning of the web page URL.
While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.
Neighborhood Loans does not share SMS opt-in or phone numbers for the purpose of SMS with any third parties or affiliates.
To opt-out of sharing, or if you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 630-472-3412 or
.
Mobile Privacy Policy:
No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging originator opt-in data and consent; this information will not be shared with any third parties.”