GoodLife > Glossary > CMT Index

Resources & Services

Reverse Mortgage Eligibility & Safeguards

LEARN MORE

Related Terms

Disbursement

Disbursement is when the proceeds from a reverse mortgage loan are paid out to the borrower.

Jump to…

Draw

When you apply for a reverse mortgage, lenders must conduct...

Financial Assessment

When you apply for a reverse mortgage, lenders must conduct...

Recent Articles

When Is the Best Time to Get a Home Equity Conversion Mortgage?

Mar 9, 2023

You've built all this equity in your home over the years, but when is the right time to access it? If you're in the golden years of your...

How to Access the Equity in Your Home

Mar 2, 2023

Did you know that it is possible for older adults who have reverse mortgages to use their home equity in order to fund their retirement?...

Is a Reverse Mortgage a Good Idea?

Feb 23, 2023

Find out if a GoodLife Home Loans reverse mortgage is right for you.

First Name

Last Name

Email

Phone

City

State

Estimated Property Value

Which is bigger, 2 or 8? By clicking “Let’s Talk”, you understand that you are sharing your contact information and agreeing to our Terms of Use of this site and the GoodLife® Home Loans Privacy Policy. You expressly consent to have GoodLife® Home Loans contact you about your inquiry by mail, email, text message or phone to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls as a condition of getting any services from GoodLife® Home Loans and can revoke this consent at any time. To opt out, contact us at 1-866-709-2830 or Info@goodlifehomeloans.com.

Jump To

Resources & Services

Reverse Mortgage Calculator

Reverse Mortgages Explained

Reverse Mortgage Eligibility & Safeguards

Related Terms

Cash flow

Lending Limit

Home Equity Loan

Disbursement

Jump to…

Draw

Financial Assessment

Recent Articles

When Is the Best Time to Get a Home Equity Conversion Mortgage?

How to Access the Equity in Your Home

Is a Reverse Mortgage a Good Idea?

Contact Us

Reverse Mortgages

Learning Center

About Us

Policies

© 2025 Traditional Mortgage Acceptance Corporation Inc. All rights reserved.