Yuma, Arizona Reverse Mortgage and Seniors Related Information and Fun Facts
Thinking about getting a reverse mortgage in Yuma, Arizona? You are not alone!
More than 85,000 residents move here each winter -- and then leave before the summer heat arrives!
4th Avenue High School -- Yuma, Arizona
Old Yuma, Arizona Post Office
Mesa, Arizona Real Estate Trends
Yuma, Arizona Real Estate Trends @ Trulia
Yuma, Arizona Fun Facts
Yuma is the central city of the Yuma, AZ MSA, which consists of Yuma County. According to the United States Census Bureau, the 2007 estimated population of the Yuma MSA is 190,557, though more than 85,000 winter visitors make Yuma their winter residence.
Yuma is one of the hottest cities of any size in the United States, with average July high temperatures of 107 degrees Fahrenheit. According to the Guinness Book of World Records, Yuma is the sunniest place on earth.
Yuma contains the historical Yuma Territorial Prison, the Yuma Quartermasters Depot State Historic Park (formerly known as the Yuma Crossing Historic Park), and a historic downtown area. Yuma is an Arizona Main Street City. Near Yuma are the Kofa Mountain Range and wildlife refuge, Martinez and Mittry Lakes, and the Algodones Dunes, which draw tens of thousands of visitors every year especially during thanksgiving.
Mesa, Arizona Senior Related Links
City of Yuma Parks and Recreation Department
Recent News Updates
Financial Freedom Gets New Owner
4 January 2009 | 11:11 pm
The Federal Deposit Insurance Corporation (FDIC) has announced the sale of failed S&L IndyMac to a new owner, IMB HoldCo. Included in the transaction is Financial Freedom, the huge reverse mortgage lender. The FDIC took over IndyMac on July 11th and promptly instituted one of, if not the most...
Top Reverse Mortgage News In 2008
22 December 2008 | 10:34 pm
As we come to the end of 2008 what were the outstanding achievements in the world of reverse mortgages during the past year? For the most part, reverse mortgages, FHA financing and VA loans have been the bright spots of the mortgage marketplace, forms of financing untainted by massive foreclosure le...
The Madoff Affair & Reverse Mortgages
21 December 2008 | 10:42 pm
For most people who reach retirement — or who think about reaching retirement — the world of finance involves Social Security, a house, maybe a pension and perhaps a retirement account such as an IRA. Given this background the news regarding Bernard Madoff is hard to comprehend. So far i...
Nope: Lenders Can’t Go After Heirs
17 December 2008 | 12:44 am
It’s going to happen sometime. If you have a reverse mortgage there will eventually be a “maturity event” — a fancy term which means the loan is earned, due and payable once the borrower dies, moves or sells. HUD now tells us that someone, somewhere does not understand that t...
Get Started Now!
