Loan officer: John Holmgren, Holmgren & Associates/Finance of America Mortgage. Property type: Single-family home in Oakland. Home value: $975,000. Loan terms: FHA HECM adjustable rate reverse mortgage; 3%; Pay off $132,000 mortgage and line of credit $215,000. My clients had first inquired about a reverse mortgage several years ago, but at that time the available […more]
Posted in: San Francisco
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