Financial Assessment

A reverse mortgage financial assessment is an evaluation of your financial history. This allows lenders to assess your finances during the reverse mortgage process. During the financial assessment, the lender will look at your credit and employment history, debts, and sources of income, such as investments, pensions, and Social Security payments. 

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Fixed rate

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

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Good Faith Estimate

Looking for a loan? Chances are it’s a good idea...

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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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