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From America's #1 Rated Reverse Mortgage Lender

Posts Tagged '2012'

Reverse Mortgage Counseling Roundup for 2012

December 9, 2011 no comments

Reverse mortgage counseling is a mandatory step in the process of getting a government-insured home equity conversion mortgage (HECM) loan through the Federal Housing Administration. All reverse mortgage borrowers—regardless of loan amount, home value or financial savvy—must go through this counseling, which is offered over the phone or in person through government-approved counseling agencies. In addition to borrowers, non-borrowing spouses...
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