Reverse Mortgage Blog

Tag: reverseloancalculator

Foresclosures

August 4, 2022

Home foreclosures could increase in the coming months

New HUD Lending Limits

January 27, 2021

The increase in the Lending Limits for reverse mortgages, means more money for a Senior borrower.

Seniors and Covid-19 Virus and Money

April 3, 2020

Many seniors have seen their life savings vanish in the last month due to the Corona virus.

California Reverse Mortgages

February 21, 2020

California has some of the most expensive property in the country and sometimes the FHA HECM does not provide enough access to a senior's equity. What other options would they have?

More Money in Reverse Loans

December 12, 2019

HUD recently increased the Lending Limits on the FHA reverse mortgage.

No Costs Reverse Loans

August 2, 2019

Is it possible to get a reverse mortgage without paying fees?

Are Reverse Loans a Scam?

April 4, 2019

Some people think they are terrible and others feel that they are great!

Social Security and Life

February 20, 2019

Funds to seniors were increased in 2019.

Documentation for a Reverse Loan

February 14, 2019

What a Borrower Needs to Provide at Loan Applcation

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

NMLS Consumer Access

Disclosures & Licensing

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