Reverse Mortgage Blog

How to Buy a Home With a Reverse Mortgage

August 28, 2020

Mortgage interest rates are extremely low and the Real Estate market if very competitive. But did know that seniors can use funds from a reverse loan to buy a residence? Read more about this, here. https://www.reverseloanconsultant.com/

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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How to Buy a Home With a Reverse Mortgage

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