Category: Reverse mortgage rules

What Are Your Reverse Mortgage Qualifications?

If you are looking for reverse mortgage info, consider this. The Federal Housing Administration, often abbreviated to FHA, runs the reverse mortgage program under the Department of Housing and Urban Development, also known as HUD. A reverse mortgage will often benefit seniors who are looking to turn part of their home equity into cash.

Want more info? Here are four tips to help familiarize you with the process. These tips will also provide you with necessary information regarding reverse mortgage qualifications and how to meet them.

1. An Fha reverse mortgage does not mean you have to sell your home. In fact, you can keep your home and get access to tax-free cash with a reverse mor

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