Considering a reverse mortgage? Learn about the process and all of the steps involved before jumping in.
Navigate the ways of a reverse mortgage by getting clarification on what frequently used terms mean.
Find all of the answers to your outstanding questions about reverse mortgages and the process involved.
Two requirements for getting a reverse mortgage are the borrower must attend counseling and have their home appraised. Because these are required, it’s important to know that these expire. If you wait too long, you may have complete them again.
Once you’ve learned more about reverse mortgages and gone through the initial steps of the program, your home will be ready for an appraisal.
There are many benefits to the reverse mortgage line of credit… and a few things to be cautious of. We explore both the pros and cons.
HECMs can be a great financial tool and help seniors in all kinds of financial situations. However, the loan program is not for everyone. We explore a few risks that come with the loan.
In order to determine how much money you can receive from your reverse mortgage, an appraisal on the home must be done. Here, we explain the appraisal process and how it works.
Wondering what a reverse mortgage is? You’ve come to the right place. We answer such questions as: What is a reverse mortgage? What is the process? How do I qualify? and How will I receive my proceeds?
Because reverse mortgages are insured by the FHA, they must meet a few safety standards. We take a look at such standards and explain why the FHA may find them to be a safety concern.