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are there still reverse mortgages after jan 2014

by salestoday601 from , California. Dec 26th 2013 Reply


Jimmy Vu (Jimmy.Vu)
#960 ranked lender in California - 90 contributions

Yes.

Dec 26th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

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.

Dec 26th 2013
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Pete Bass (PeteBass)
#30 ranked lender in Connecticut - 476 contributions

Yes-

Dec 27th 2013
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Sharon Duffy (sduffy)
#70 ranked lender in Pennsylvania - 595 contributions

Absolutely! There are some changes coming in 2014, but the reverse mortgage is still available.

Dec 27th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

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.

Dec 27th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Yes, there will be a few changes made to the program, but you will still be able to obtain a reverse mortgage in 2014.

Dec 27th 2013
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