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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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Posts Tagged 'jumbo'

5 Key Reverse Mortgage Changes Moving into 2018

December 31, 2017 2 comments

Another year has come and gone… Where is the time going? It sounded strange to say 2017 all year and now 2018 is upon us. This year, the reverse mortgage industry experienced many changes. 2017 HUD Surprised Industry with Massive Changes In September, HUD sent the entire industry into a tailspin by announcing changes that were to take effect...
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