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There are several ways to find out if a mortgage company is legal. First, check out the Washington mortgage company at the Better Business Bureau (BBB) website. Search quickly online and check customer reviews. Finally, check with the attorney general of your state to see if the lender is registered with the appropriate government institutions.
If you're short on cash and in a situation where your home equity is the only saver? Many homeowners end up in situations where they don't have any other practical way to raise cash for their living expenses. So, they end up taking out a reverse mortgage. Reverse mortgages are simple and smart ways for homeowners, especially the elderly, to unlock the equity they've made in their homelands.
You may think that a property survey is carried out when you buy a home to keep your mortgage company happy. While they may order a survey, the information they are after is very different from what you can gain from a professional survey.