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As Credit/Income Challenged Reverse Mortgage Applicants Rush To Beat FA deadline, It Is Extended
Potential Reverse Mortgage (RM) borrowers have been hurrying to qualify for a RM before the Financial Assessment (FA) takes effect March 2nd, 2015. So many have been trying to get the required FHA counseling sessions that they are currently on a backlog of a week or longer just to get an…

Notice: Senior borrowers behind on Tax and Insurance bills may get $25,000 in help
Those with reverse mortgages rest easy at night knowing they don’t have any house payments to make; but they may still experience hardships that make it difficult to make their property tax or home insurance payments. There is a new program offering additional relief to Reverse Mortgage borrowers. A recent…
Recent Posts
- Did you get a little too jolly during the holidays? Paying off high-interest credit card debt.
- Miss a stimulus check? Here’s how to get it.
- FHA increases RM Lending Limit for 2021
- Spending more time at home? Fix it up just how you have dreamed of with our digital contact Reverse Mortgage.
- Social Security Increase for 2021
- SSA advice on starting Social Security & Medicare benefits
- Free Online Retirement Tools from SSA.GOV
- Effectively use home equity in your retirement plan for the bucketing approach
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- 0.6% or 5.5% growth on your savings?
Recent Comments
- admin on Condo not FHA approved? You can get a reverse mortgage now.
- Donald E Meyer on Condo not FHA approved? You can get a reverse mortgage now.
- Janice Wilson’ on History and Myths
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