Reverse Mortgage Blog

Tag: reverseloancosts

HUD Counseling for Reverse Mortgages

January 31, 2024

Why are potential reverse loan borrowers required to do HUD Counseling?

HUD Lending Limit Will Increase in 2024

November 30, 2023

What is the HUD Lending Limit and how does it effect Reverse Mortgages?

I have been sharing information on my personal blog for over 20 years about reverse loans and in the last 21 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in t...

This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Lorraine Jones

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Tag: reverseloancosts

HUD Counseling for Reverse Mortgages

HUD Lending Limit Will Increase in 2024

CSA Equal Housing Lender Equal Housing Opportunity

Reverse Mortgage Professional in Westlake Village, also serving Simi Valley, Woodland Hills, Ventura, Van Nuys, Thousand Oaks, Sherman Oaks, Canoga Park, Los Angeles, Camarillo, and the surrounding Southern California area.