Loan Officer Location
About Me
Loan Officer · NMLS 463503
Fritz Reichardt has been in the financial industry for over 8 years. He enjoys going over all of his clients mortgage options that best fit their needs. Fritz was born in Madison, Wisconsin but has lived almost his whole life in the Gainesville area. He graduated with a Business Degree from the University of Florida where he was a member of the baseball team. He played one year in the New York Mets organization before settling down and starting his career. In his spare time he loves spending it with his two small children, Brooke and Morgan.
My Location
Landmark Mortgage Planners 417 SE 17th Place, Ocala, FL 34471
Social Survey View
Frederic Reichardt's
OVERALL RATING
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"Fritz and the..."
Fritz and the team made this a smooth, painless process! There was constant communication, frequent updates and personal outreach, not just all through a computer, which was a welcome change!
Anna
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"Fritz and Adam..."
Fritz and Adam were always responsive and helped greatly throughout the whole stressful process.
Michael
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"People were..."
People were professional courteous informative
Patrick
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Loan Program View
LOAN PROGRAMS
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Reverse MortgagesA reverse mortgage loan, like a traditional mortgage, allows homeowners to borrow money using their home as security for the loan. A Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older. Also like a traditional mortgage, when you take out a reverse mortgage loan, the title to your home remains in your name. However, unlike a traditional mortgage, with a reverse mortgage loan, borrowers don't make monthly mortgage payments. The loan is repaid when the borrower no longer lives in the home. Interest and fees are added to the loan balance each month and the balance grows. With a reverse mortgage loan, homeowners are required to pay property taxes and homeowners insurance, use the property as their principal residence, and keep their house in good condition.1 American Financial Network, Inc. is not acting on behalf of or at the direction of HUD/FHA or the federal government. Borrowers must continue to make property tax, insurance, and other maintenance payments in order to avoid risk of default. 1. https://www.consumerfinance.gov/ask-cfpb/what-is-a-reverse-mortgage-en-224/
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ConventionalIndustry standard loan programs with purchase and refinance options for most borrowers. These programs follow lending rules set by Fannie Mae and Freddie Mac and have the reputation for being the most affordable and quickest to close in the mortgage industry.
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FHAInsured by the Federal Housing Administration, these loans are a great option for homebuyers looking to put the minimum amount down as possible, homeowners looking for simple refinance options, and for borrowers with less than perfect credit.
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VAJust for veterans and surviving spouses! Finance up to 100% of your new home’s value with no money down, and no private mortgage insurance; or refinance your home quickly and easily with minimal paperwork.