Reverse Mortgage
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Borrower Eligibility
All borrowers must be 62 and older
Must own property and occupy as primary residence
Participate in an information counseling session
Property must meet FHA property standards
Maintain home with needed repairs, property taxes and insurance
Loan Amount Based On
Age of youngest borrower
Current interest rate
Lesser of appraised value or the FHA insurance limit
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Property Information
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Value of Home:
Mortgage Balance:
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Seminar: Problems With Reverse Mortgage Products
pros, cons, benefits, disadvantages & pitfalls of reverse mortgages
Age Formula for Reverse Mortgage Rate Calculations
Reversemortgage, Reverse Mortages, Reverse Morgages
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Reversed Mortgage Loan Guide for Reversed Mortgages
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Statistics Provider Proves That Reverse Mortgage Market Works
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Reverse Annuity and Home Equity Conversion Mortgage
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