HighTechLending, Inc. NMLS # 7147

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…