Reverse Mortgage Purchase Specialist
Get to know Raymond Denton
I'm the local Loan Officer for Turtle Rock – Raymond Denton – and help people purchase homes using Conventional and Government financing, specializing in the FHA-insured Reverse Mortgage purchase program that's sponsored by HUD.
If you’re at least 62, you can purchase a home and never have a monthly mortgage payment obligation. The older you are, the less the down payment. A 62 year old would put down approximately 50% to purchase a home, and a 95 year old would put down 29%. So if you can't afford to purchase that $600,000.00 home in Casta del Sol, because you only have $300,000.00 - that's not a problem anymore. You’ve just got to be the right age, and the home must be your primary residence.
Most people don’t know you can buy a home with a Reverse Mortgage. After I explain how the program works, they think it’s too good to be true. However, it’s not for everybody, but you’ll know if it provides the solution you’re looking for, after talking with me.
I emphasize the 55+ communities in South Orange County, including Casta del Sol, one of my favorite neighborhoods, located across the street from Lake Mission Viejo. Valorie Stover had some clients last week, wanting to buy a home in Casta del Sol for $400,000.00, because they wanted to pay cash, but didn't like the homes in that price range. I showed them how they could purchase the most expensive property in Casta del Sol, without using the entire $400,000.00, and now they're looking in the $600,000.00 range.
Testimonials for Raymond Denton
It is my pleasure to unconditionally recommend Raymond Denton. Raymond was cooperative and responsive to our needs and requests. We know this is due to Raymond's knowledge and diligence. He is truly an expert in his field. We would recommend him to anyone.
Barbara and I would highly recommend Raymond Denton as a person to do business with ... we are delighted that we responded to Raymond’s internet advertising.