When I went hometown last weekend, I saw my Dad look a bit older than the last time. Or probably it is because I have been away from the house where I was born for more than six months. But it is really clear that he seems to bring a big burden on his mind. Nevertheless, I did not want to talk about it at that time; I was just about to show my parents their new granddaughter.
This morning when I was working in the office, for my surprise, he called me by my mobile that he was on the way to the city and wished to meet me. I have no problem about that; I just feel a little bit puzzled. Is there something inconvenience with him or Mom or the house. I don’t like this sense.
When I and my wife along with my new baby girl came home, he was sitting at the round chair at the porch of my house. I am not mistaken, with his tiresome of the travel today and his recent appearance, he is indeed in a trouble though he hid it with smiling at us. When we got off the car and had a little chat with him, I asked my wife to take my daughter inside and to prepare for something for my Dad.
Shortly, he is having some debts that almost take our old house in the country. Until now he is still unable to pay back and soon our house will be mortgaged. He actually hopes to get reverse mortgages from the local lender but that means that he will be on another hand’s debts. I tried to take a conclusion that he needs some financial support, or at least to borrow some money, from me. Again, I don’t have any trouble with it but as far as I know he never asks this to his children. It is his character and I don’t want to carelessly ask him about it at the moment. And even if I offer him some money, he would, as usually, refuse and disappear somewhere.
But there is nothing else we could talk much more rather than just keep silent. Then I try to say that I could help him with the mortgages from here about reverse mortgage calculation, and take care of any financial transaction needed. And I will let him know when there are some loan fees that need to be accomplished. I am sure he is buying it now without any hesitation, and I am certain that he really loves the house.
I suggest him the best company with orientation on this service, such as HUD counseling. They work quite excellent; the payment system is clear and easy to deal with, their terms and conditions are also easily acceptable and there is hardly any penalty. This is a good service to protect what we own without having to sell them.
Some pension programs, old age insurance and after death compensation are their main products to offer. But for these services, customers don’t have to pay for the loan fees; monthly payment is supposed to be deposited. Apparently, those services are available at no cost at all. Just for sure, the company covers all of this to make customers feel convenient in using their service.