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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 'Qualifications'

Drastic Reverse Mortgage Changes Are Coming Soon

June 18, 2014 no comments

HUD previously delayed their Financial Assessment, but it looks like they will be taking place soon. There are changes that will go into effect in the near future that will affect many reverse mortgage applicants. At All Reverse Mortgage, we feel that we wouldn't be doing our jobs if we didn't keep everyone up to date on what's happening. Here are some...
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