Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the processing differences in a Reverse Mortgage?

April 26, 2017differences reverse mortgage

0

Posted

What are the processing differences in a Reverse Mortgage?

1 Answer

0

Posted

A. Processing a Reverse Mortgage is unique in that there are no income or reserve requirements. The borrower is qualified based on his/her age, property and liens. The biggest challenges are different than a traditional product.