Reverse Mortgage Real Estate Prospects leads will enable you to market directly to borrowers who are 62 years old and older and have an LTV (Loan To Value) of 60% or less on their home mortgage loan. Similarly, Reverse Mortgages prospects are also known as Home Equity Conversion Mortgages (HECM) and this refers to taking out a loan on a home in which the borrower holds a substantial amount of equity, usually 50-60% minimum. The portion of the home that the borrower has paid off, or known as equity, is the collateral for the new home equity or reverse mortgage loan. HECM’s can apply to regular second mortgages (home equity loans) but mostly the term applies to reverse mortgages.
Reverse Mortgage prospect leads and with this huge victory for the HECM program, along with the most recent program changes that took place last year, it appears that everything is finally falling into place for the Reverse Mortgage industry.
Reverse mortgage prospect leads is a motivated sellers There are literally tens of thousands of quality prospects in the marketplace who could benefit from Reverse mortgage prospect leads.
ForeclosuresDaily provides you with the tools in the toolbox since 2004.
- Geography (zip-code, county, state)
- Current home value
- Estimated current equity in home
- Mortgage Information
- Age of Homeowner
- Presence of Spouse in Household
- Estimated household income
- Telephone number when available
- Ethnic surname overlays
The result is real estate leads. We connect our customers with motivated real estate sellers. We deliver.
Our data is process encompesess input from clerk of the court, the property appraisers , public notices and other filters. The end result is real estate leads.
Unlike our competitors with turn around time of 1-3 months old leads. We here at Foreclosures Daily understand the importance of having fresh data!
ForeclosuresDaily.com is #1 nationwide real estate lead provider Since 2004.