Reverse Mortgage Blog

Confused About Reverse Mortgages

January 7, 2020

Reverse mortgages have been available for many years and during that time, they have evolved and changed and all for the "good". but if you are looking for honest and reliable information about them before you make a decision as to whether or not you want to apply for one, how do you find it? Click on the following link for some details. https://www.reverseloanconsultant.com/1669/reverse-loans-are-confusing/

Lorraine Jones

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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Confused About Reverse Mortgages

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