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Choosing a Reverse Mortgage Originator: Things to Consider – The first step to getting a good reverse mortgage is choosing a reverse mortgage originator… Read more
HECM for Purchase – What is a Home Equity Conversion Mortgage (HECM) and how is it different from HECM… Read more
Banks That Offer Reverse Mortgages (Updated 2020) – After deciding to get a reverse mortgage, the next logical step would be to determine… Read more
Using a Power of Attorney for a Reverse Mortgage – Characters POA agent: third party individual named to help manage principal’s affairs Principal: the… Read more
Credit Review for a Reverse Mortgage – While credit history is an important qualifying factor for reverse mortgage borrowers, it is not… Read more
FHA Second Appraisal Guidelines for a Reverse Mortgage – One of the initial steps in the loan application process is having appraisals for a… Read more
Reverse Mortgage Counseling – To protect borrowers, reverse mortgage counseling is often required. Counseling is an important step in… Read more
Making Payments on a Reverse Mortgage – Unlike most traditional mortgage loans, HECM reverse mortgage borrowers are not required to make monthly… Read more
Reverse Mortgage on Condominiums: Requirements Explained – For years condominium owners have been denied from reverse mortgages due to strict Federal Housing… Read more
Reverse Mortgage Example – Oftentimes, questions arise from borrowers, family members and basically every other person who isn’t vested… Read moreHome Family
Reverse Mortgage Pros and Cons – A reverse mortgage is a complicated financial tool that can affect the rest of your… Read more
Trusts and Reverse Mortgages – When considering a reverse mortgage, one of the initial steps is disclosing to the lender… Read more
Why A Reverse Mortgage is a Savvy Choice – Reserve mortgages are like loan but in reverse. The borrower does not have to make… Read moreFinance
How Much Money Can I Get from A Reverse Mortgage? – Have you asked yourself, “How much money can I get from a reverse mortgage?” Keep… Read more Reverse Mortgage Pros and Cons – A reverse mortgage is a complicated financial tool that can affect the rest of your… Read more Banks That Offer Reverse Mortgages (Updated 2020) – After deciding to get a reverse mortgage, the next logical step would be to determine… Read more Credit Review for a Reverse Mortgage – While credit history is an important qualifying factor for reverse mortgage borrowers, it is not… Read more
Bankruptcy Guidelines for a Reverse Mortgage – Characters Debtor: person filing for bankruptcy Creditor: person or entity who the debtor owes Trustee:… Read more
How long can you stay in your house with a reverse mortgage? – In conventional mortgages, borrowers need to make regular monthly payments to steadily reduce the balance… Read more
Is there a time limit on a reverse mortgage? – What is a reverse mortgage? The Consumer Financial Protection Bureau defines a reverse mortgage as… Read more Reverse Mortgage on Condominiums: Requirements Explained – For years condominium owners have been denied from reverse mortgages due to strict Federal Housing… Read more Why A Reverse Mortgage is a Savvy Choice – Reserve mortgages are like loan but in reverse. The borrower does not have to make… Read moreRetirement Tips
How Much Money Can I Get from A Reverse Mortgage? – Have you asked yourself, “How much money can I get from a reverse mortgage?” Keep… Read more Reverse Mortgage Pros and Cons – A reverse mortgage is a complicated financial tool that can affect the rest of your… Read more
Upsides To a Reverse Mortgage – A reverse mortgage is a type of loan that allows homeowners to borrow money using… Read more