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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.

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From America's #1 Rated Reverse Mortgage Lender

Posts Tagged 'hecm saver program'

Reverse Mortgage Saver Program Gains Appeal

November 8, 2011 2 comments

$0 FEE Reverse Mortgages: All-Time Low Rates & No Closing Cost Options - Request Quote Today! Until last year, there was pretty much one reverse mortgage in town. Whether fixed rate or adjustable rate, almost all reverse mortgages fell under the Home Equity Conversion Mortgage (HECM or “Heck-um”) “Standard” program, insured by the Federal Housing Administration (FHA). Then along came...
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