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Reverse Mortgage Changes: Updated Reverse Mortgage Rules

Reverse Mortgage Changes: Updated Reverse Mortgage Rules

Mar 8, 2019 | Interest Rates and Regulations, Reverse Mortgages

TABLE OF CONTENTS Changes in Reverse Mortgage 2019 Guidelines Changes in Reverse Mortgage Loan Limits for 2019 Changes in Principal Limit Factors on Reverse Mortgages...

What Happens to a House with a Reverse Mortgage When the Owner Dies?

What Happens to a House with a Reverse Mortgage When the Owner Dies?

Feb 11, 2019 | Reverse Mortgages

TABLE OF CONTENTS What Happens to a Reverse Mortgage after Death? Reverse Mortgage after Death of the Borrower: Spouse’s Responsibility Reverse Mortgage after Death of...

Are Heirs Responsible for Reverse Mortgage Debt?

Are Heirs Responsible for Reverse Mortgage Debt?

Feb 6, 2019 | Reverse Mortgages

TABLE OF CONTENTS When does a reverse mortgage loan mature? What happens to a property with a reverse mortgage when the owner passes away? Are heirs responsible for the...

Guide to Non Borrowing Spouse Protections in a Reverse Mortgage

Guide to Non Borrowing Spouse Protections in a Reverse Mortgage

Jan 24, 2019 | Interest Rates and Regulations, Reverse Mortgages

TABLE OF CONTENTS What does non-borrowing spouse mean? What’s the difference between an eligible and ineligible non-borrowing spouse? Do you both have to be 62 for a...

15 Benefits of a Reverse Mortgage

15 Benefits of a Reverse Mortgage

Jan 10, 2019 | Reverse Mortgages

TABLE OF CONTENTS Reverse Home Mortgages – A Brief Overview Why Consider a Reverse Home Mortgage? Reverse Home Mortgage Benefits – Borrower’s Success Stories Reverse...

HECM for Purchase: Using a Reverse Mortgage to Purchase a Home

HECM for Purchase: Using a Reverse Mortgage to Purchase a Home

Dec 8, 2018 | Reverse Mortgages

TABLE OF CONTENTS How a HECM for Purchase Works HECM for Purchase Eligibility Requirements HECM for Purchase Down Payment HECM for Purchase Borrower Obligations HECM...

Why HECM Loans are Better Than Reverse Mortgage Alternatives

Why HECM Loans are Better Than Reverse Mortgage Alternatives

Nov 27, 2018 | Reverse Mortgages

As you examine your retirement options, you may consider using a Home Equity Conversion Mortgage, commonly called a HECM loan or a reverse mortgage.

HECM vs HELOC vs Home Equity Loans

HECM vs HELOC vs Home Equity Loans

Nov 14, 2018 | Reverse Mortgages

qual TABLE OF CONTENTS Reverse Mortgages vs Home Equity Loans Reverse Mortgages vs HELOC Home Equity Line of Credit vs Home Equity Loans Most properties and houses have...

Common Reverse Mortgage Advantages & Disadvantages

Common Reverse Mortgage Advantages & Disadvantages

Nov 2, 2018 | Reverse Mortgages

TABLE OF CONTENTS What is a Reverse Mortgage? Pros: Benefits of a Reverse Mortgage Cons: Reverse Mortgage Disadvantages Thinking about getting a reverse mortgage?...

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This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

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