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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 'process'

A Look Into The Reverse Mortgage Process and Timeline to Closing

July 11, 2017 no comments

I understand there are many variables involved in 'how long' it takes, some of them due to applicant errors and misunderstandings.... but I would appreciate an average of start to finish for a reverse mortgage loan? I assume when the quotes arrive they will include 'next step' but what is the typical processing time to complete this type of transaction?...
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