Golden Gateway in the News
Unlocking home equity
The Arizona Republic - September 02, 2008
“At a time when banks are tightening creditworthiness requirements and even refusing in some cases to give loans to qualified borrowers, reverse mortgages still appeal to lenders, Bachman said, possibly more than ever.
”
The Arizona Republic
Good news for reverse mortgages
The Chicago Sun Times - August 04, 2008
“Now there's a terrific new way for seniors to compare the various specific products, costs, and interest charges to find the best offering for their situation.
”
The Chicago Sun Times
Rethinking Reverse Mortgages
The Motley Fool - June 18, 2008
“Declining equity is a big problem for borrowers. According to a new study from reverse-mortgage broker Golden Gateway Financial, a 72-year-old potential borrower who owns a house that was worth $200,000 in January 2007 would be able to borrow about $17,000 less now - roughly $126,000, versus $109,000 - than he or she could have a year ago.
”
How to Size Up a Reverse Mortgage
Kiplinger's Personal Finance magazine - May 2008
“Golden Gateway Financial, a reverse-mortgage broker, has an online calculator that uses AARP's model to let you compare loans.
”
The Best In...
The Wall Street Journal - March 22, 2008
“Golden Gateway Financial ... offers a good calculator ... the tool shows you lump sums, or monthly payouts, available from different lenders.
”
Reverse mortgage bails out seniors facing foreclosure
Inman News, Tom Kelly - March 19, 2008
“Eric Bachman, CEO of Oakland, Calif.-based Golden Gateway Financial, a reverse-mortgage brokerage focusing on online customers, recently helped a senior in Kansas ‘reverse a foreclosure.’
”
A reverse mortgage requires sound advice
The Baltimore Sun, Eileen Ambrose - March 2, 2008
“Lucy Hull of Overland Park, Kan., says a reverse mortgage saved the house she has lived in for 30 years ... Hull's house appraised at $122,000, and she owed nearly $74,000 on it, says Eric Bachman, chief executive of Golden Gateway.
”
If you need material for a developing story or article, we will be happy to assist you - please contact us.
For immediate press information, please contact Michael Azzano of Cosmo Public Relations at 415-596-1978 or email him at .
