Reverse Mortgage

24 09, 2014

What are the qualification requirements for a reverse mortgage loan?

Reverse Mortgage|

What are the qualification requirements for a reverse mortgage loan?
Borrower Requirements
You must:

Be 62 years of age or older
Own the […]

22 09, 2014

What are the costs in obtaining HECM reverse mortgage?

Reverse Mortgage|

What are the costs in obtaining HECM reverse mortgage?
Most borrowers choose to pay for the costs associated with obtaining […]

19 09, 2014

What types of reverse mortgage plans are available?

Reverse Mortgage|

What types of reverse mortgage plans are available?
You can choose either an adjustable rate reverse mortgage or a fixed […]

17 09, 2014

Can a reverse mortgage be obtained on a rental property?

Reverse Mortgage|

Can a reverse mortgage be obtained on a rental property?
In most cases the answer is no, but it may […]

12 09, 2014

Common Misconceptions about Reverse Mortgages

Reverse Mortgage|

Common Misconceptions about Reverse MortgagesĀ 
Misconception: I have to own my home outright to qualify for a reverse mortgage.

Not necessarily. […]