Steve Wolf - Branch Manager/ Loan Officer

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The Public Advocates Office for the California Public Utilities Commission has released a proposal to add a monthly fixed charge on electric utility bills that is based on income level.

If you’d like to know more, don’t hesitate to call me!

Financial update! 📢 Under new conventional loan rules (already in effect) borrowers with credit scores in excess of 680 will see an increase in their mortgage costs. Borrowers with credit scores of 679 or lower will have their mortgage fees reduced.

If you had any questions on how this may effect you, please don’t hesitate to contact me.

Happy Mother’s Day! 💐

If you’re over 62 and looking for your forever home, I can help make it happen sooner than later!

Give me a call today! 📞 520-975-1900

If you or your parents are over the age of 62, and would like to know how you could tap into your home’s equity - I’m your guy!

Give me a call 📞(520-975-1900) or message me here, I will answer all your questions and help you with everything along the way. 🏡

Don’t make the mistake of “ believing what you think” about the Reverse Mortgage program. Get the facts about this interesting/safe way of tapping into the equity in your home.

“Your largest asset may be hidden in plain sight”. As a senior, age 62 or older, an FHA Home Equity Conversion Mortgage can enable you to tap into your home equity and benefit financially.

Contact me to learn how! 🏡

Reminder! From your Local Reverse Mortgage Specialist.
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Are you over the age of 62 and have always dreamt of becoming a homeowner? I’m the guy to help you make that dream into a reality!

Give me a call today so we can discuss more! 📞 (520) 975-1900

Do you live in Tucson and would like to own instead of rent? Are you over 60 years old?
Let’s chat! 📞 (520) 975-1900

If homeownership is one of your life goals, contact me today! We can discuss and go over all your options! 🏡

📞 (520) 975-1900

Happy Easter, everyone! 🐰

Friendly reminder! Whether it’s Friday, Saturday or Sunday, I’ll answer the call!

📞 (520) 975- 1900

Stevewolf.vipmtginc.com

Things may seem too complicated when you read about home owning online - let's chat on the phone and get any of your questions cleared up in a one-on-one conversation.
I am available any time, just give me a ring!

(520) 975-1900

Happy St. Patrick's Day, everyone!

Consider recommending that a senior (62+) homeowner establish a government-insured growing line-of-credit today using current property values with an FHA’s Home Equity Conversion Mortgage.

Contact me today to know more! I am always happy to help.

(520) 975-1900

https://stevewolf.vipmtginc.com

Ask me how you can make the most of your retirement by using your home equity!

(520) 975-1900
https://stevewolf.vipmtginc.com

If you are a Senior (62 years or older) and have substantial equity in your home you deserve to know about FHA’s Home Equity Conversion Mortgage.
Give me a call and we can go over details and how it may affect you!
(520) 975-1900

https://stevewolf.vipmtginc.com/

Credit agencies sell that credit inquiry in the form of a "credit trigger lead" and you will be contacted by those creditors with unsolicited competitive offerings.

Opt out now on www.optoutprescreen.com

The opting-out may take up to 5 days to be processed.

Obtaining credit may often be stressful to the average consumer- this may simplify that process.

The decision to get a reverse mortgage is an important one and can be life changing! I listen to each customer's needs to tailor a reverse mortgage for you and your situation. I look forward to working with you.

Contact me for more information.

Steve
520.975.1900
[email protected]

mortgage

The decision to get a reverse mortgage is an important one and can be life changing! I listen to each customer's needs to tailor a reverse mortgage for you and your situation. I look forward to working with you.

Contact me for more information.

Steve
520.975.1900
[email protected]

Homeowners have one of their largest assets hiding in plain sight---home equity. As a senior, age 62 or older, a Reverse Mortgage enables you to tap into that equity and benefit financially. The funds you receive can be used to eliminate your monthly mortgage payment, pay off debt, increase your monthly cash flow, or any other way you see fit. With a Reverse Mortgage, you retain ownership of your home for as long as you own it. In fact just like all homeowners you are still responsible for taxes, insurance, and HOA dues. Every month thousands of seniors take advantage of FHA's new and improved version of the reverse mortgage program.

The government has even renamed the program to identify and set it apart from the "old reverse mortgages". The federally insured program administered by the Federal Housing Administration is called HECM--Home Equity Conversion Mortgage.

Contact me for more information.

Steve
520.975.1900
[email protected]

The decision to get a reverse mortgage is an important one and can be life changing! I listen to each customer's needs to tailor a reverse mortgage for you and your situation. Contact me for more information.

Steve
520.975.1900
[email protected]

Is A Reverse Mortgage Right for Me?

Considerations:

• One borrower must be at least 62 years of age

• Must be and remain the primary place of residence

• More expensive than traditional loan (3-5% of property value)

• Conservative LTVs - Significant equity/down payment required

• Loan negatively amortizes - If property values don't increase at approximately 5% annually equity erosion will occur (unless optional payments are made)

• Although fixed rate and variable rate reverses are available, FHA calculations favor the variable product

• Borrowers to decide whether estate/relative's concerns take preference over their needs/desires

• 20% chance of 2nd quality control appraisal will be required

• 2 FHA mortgage insurance premiums (2% of home value up front/.5% on loan balance annually)

• 45 day closings (from completion of 3rd party counseling ($120-$125)

• No longer a loan of last resort--must qualify income/credit/with a 2 year "look back" on tax, insurance, and HOA payments - average credit score nationally is in excess of 700

• With proper equity, an optional escrow account can be established (Life Expectancy Set Aside/LESA). The establishment of this account can also overcome credit/income obstacles.

The Arizona Department of Real Estate Education and Licensing Division has commented

"Extraordinary current knowledge was exhibited by Mr. Wolf as he reviewed the current guidelines and changes in lending. Within each program, he was able to unveil scores of options, as well as, innovative suggestions for individual buyers."