• 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

• Age of youngest borrower
• Current interest rate
• Lesser of appraised value or the FHA insurance limit

Reverse Mortgage Articles

Read these reverse mortgage articles that will help you understand the ins and outs of reverse mortgages.