Receiving your reverse mortgage proceeds will be one of the best parts of the reverse mortgage process. How you receive your proceeds will first depend on what type of loan you choose. If you choose a fixed rate loan, there is one way you will receive your proceeds. If you choose an adjustable rate loan, you may have a few options. Watch today’s Tune in Tuesday to learn more.
Have you been thinking about getting a reverse mortgage? Do you want to learn more about reverse mortgage proceeds? Give one of our licensed specialists a call and they can provide an estimate of how much you could receive and what loan option could be best for you.
If you’d like to learn more about the reverse mortgage, peruse our blog. We post reverse mortgage information every week. You can also visit our page titled “What is a Reverse Mortgage?” It provides information on how a reverse mortgage works, who is eligible to get one, and how others use the loan.