*PRESS RELEASE*
December 4, 2008
Essex Mortgage Lenders Obtains HUD Certification for Reverse Mortgages
Essex Mortgage Lenders in Centerbrook, Connecticut has been certified by the Federal Government to originate reverse mortgages within the state.
Essex Mortgage Lenders must adhere to a strict code of ethical practices, and implement policies designed to meet stringent, federal consumer protection guidelines.
The company's expansion into the reverse mortgage field is a natural transition from it's roots as a traditional mortgage provider with a stellar reputation.
"There has been a lot of buzz recently about the concept of 'aging in place.' This Federal recognition gives us the opportunity to provide seniors with the means to age in a comfortable, secure, home environment," states Victoria Lanier, President.
A reverse mortgage allows homeowners, 62 years and older, to convert the equity in their home into tax-free cash that can be used for any purpose. There is no repayment required until the borrower no longer uses the home as a primary residence.
For more information contact:
Victoria Lanier, President, Essex Mortgage Lenders, 30 Main Street Centerbrook, CT 06442
Telephone: 877-787-6894 www.essexlenders.com
Address & Driving Directions:
30 Main Street , Centerbrook, CT 06409
Voice:
877-787-6894
Fax:
800-253-2331
Email:
etaylor@essexlenders.com
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