Credit Union Members

First things first.  Let’s separate the Myths from the Facts:

#1  Myth: With a reverse mortgage you are selling your house to the bank

       Fact: Borrowers never give up their title or home ownership

#2  Myth: Reverse mortgages have high fees and are costly

       Fact: Interest rates are similar to other FHA type loans, Alliance’s fees are among the lowest in the industry

#3 Myth: You could end up owing more on your loan

       Fact: You will never owe more than the value of your house.

#4 Myth: Your house has to be paid off to take out a reverse mortgage

       Fact: False. In fact many borrowers use the reverse mortgage to pay off an existing balance.

#5 Myth: Reverse mortgages are a last resort for finances

    Fact: Many people use reverse mortgages in case of emergency, as a safety net.

 

Credit Union Members

At Alliance, we are committed to providing the highest quality of service for our credit union members. We are a Reverse Mortgage Broker, this is an important distinction. As a Mortgage Broker we have the ability to offer the widest selection of Reverse Mortgage products guaranteeing our credit union members the right solution for their situation.

Our success as a Reverse Mortgage company is based on our team’s record of delivering successful Reverse Mortgage solutions to members. Our involvement in the credit union community and senior community as educators and advocates is a daily occurrence. Over the years Alliance has promoted an accurate understanding of the pros and the cons of Reverse Mortgages and continues that mission to this day. Alliance is licensed by the California Bureau of Real Estate. We are members of the National Reverse Mortgage Lenders Association (NRMLA) and adhere to their code of ethics.

Competitive Rates

jhjnjknxkcvnxkjvjjj….