There are some new minor income and suitability regulations that are scheduled to go into effect in 2014, which should effect only a small fraction of applicants. For more detailed information about your particular situation, please call me, Dave Metsker, at 503-620-2239.
Absolutely! There are some changes coming in 2014, but the reverse mortgage is still available.
Yes... There are a few changes, but yes.. Same with just about all mortgage loans. new changes going into effect that tighten some guidelines, make a few changes.
Yes, there will be a few changes made to the program, but you will still be able to obtain a reverse mortgage in 2014.
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