1 / 5

Reverse Mortgage Requirements

To qualify for a Reverse Mortgage Requirements, you must be at least 62 years old and own your home with substantial equity built up.<br>Lenders typically require a good credit history and the ability to maintain property taxes and homeowner's insurance.<br>For more information, visit here: <br>https://worthingtonmortgage.com/mortgage-basics/

Worthing1
Download Presentation

Reverse Mortgage Requirements

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reverse Mortgage Requirements

  2. Reverse Mortgage Requirements • To qualify for a Reverse Mortgage Requirements, you must be at least 62 years old and own your home with substantial equity built up. • Lenders typically require a good credit history and the ability to maintain property taxes and homeowner's insurance. • The property must be your primary residence, meaning you live there most of the year.

  3. Reverse Mortgage Requirements • You must also be current on any existing mortgages on the property. • Before applying, it's crucial to understand the potential risks and fees involved with reverse mortgages, including the impact on heirs.

  4. 800-288-5851 https://worthingtonmortgage.com/mortgage-basics/

  5. Thank you very much!

More Related