How Financial Assessment Made Reverse Mortgages Safer This financial assessment process is conducive to making the Home Equity Conversion Mortgage (HECM) an even safer loan product. If a potential borrower can swallow such an absurdity he need not be concerned about who this financial assessment (FA) is making the product safer for! The FHA wants […]
Reverse mortgages: What you need to know.
Reverse mortgages: What you need to know. Mass Mutual Blog. It’s similar to getting an advance on a paycheck, but in this case you are trading in equity in your home for a cash payment, typically tax-free. A reverse mortgage will eliminate your monthly mortgage payments. You can use the cash (taken as a lump […]
New Consumer Tools
New Consumer Tools. Reverse Mortgage Alabama. Reverse Mortgage Industry Promotes Transparency with New Consumer Tools Free Consumer Guides Now Available for Download from www.reversemortgage.org. The National Reverse Mortgage Lenders Association //www.nrmlaonline.org/ WASHINGTON, Feb. 7, 2017 /PRNewswire-USNewswire/ — The National Reverse Mortgage Lenders Association today announced the availability of three new resources for senior homeowners who […]
