Reverse Mortgage Blog

How to Refinance a Reverse Loan

June 30, 2021

Many seniors who have reverse loans, are wondering if they can refinance them and get a better interest rate and possibly receive more money. And the answer is "yes". Read more about how it can be done, by clicking on this link. https://www.reverseloanconsultant.com/

Lorraine Jones

Tags: MONEY, CAREGIVINGEXPENSES

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 Refinance a Reverse Loan

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