Disbursement

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

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Draw

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

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Financial Assessment

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

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Recent Articles

What is a Lender Credit?

What is a Lender Credit?

Many banks and mortgage lenders often offer borrowers lender credits to help pay for closing costs. Here we’ll discuss lender credits in...

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