Re people turned down for reverse mortgage.Had they paid any fees before being refused?

To qualify for a reverse mortgage, you have to be 62 or older, have sufficient equity in your home, and show you have the ability to pay the property taxes and insurance payments as they come due.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

The only out of pocket expense would be the appraisal fee.I would not take an application unless I knew the home would qualify, that is the benifit of working with me I meet you at your home and look at the property to insure there are no health and safety issues, or if the comparable sales in your area would support your property value.I live in Arundel and have been doing reverse mortgages for 10 years I'd gladly answer any question you may have without obligation give me a call I take calls till 9pm at my home office 985-5109 Be well Robin Connearney