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. 

Jump to…

Fixed rate

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

See More arrow

Good Faith Estimate

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

See More arrow

Recent Articles

What Is Home Equity?

What Is Home Equity?

The average price of a house in the US is $428,700 in 2022. Owning a home offers a range of benefits, and one of those is establishing...

read more
How to Get a Reverse Mortgage

How to Get a Reverse Mortgage

Are you nearing retirement and curious about what a reverse mortgage is? Ready to tap into your home equity? A reverse mortgage could be a...

read more

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