My reverse mortgage was almost complete. The appraisal was done and I knew how much I would

This would require a detailed review of the appraisal and the zoning ordinance. For additional help, contact me at primefinancial@frontier.com.Dave Metsker, Reverse Mortgage Specialist.

Your credit score does not matter much in a reverse mortgage transaction.It's too bad the title co didn't discover this issue earlier in the process.It's possible the appraiser uncovered it while the appraisal was being done.Check with your board of zoning to see what the process is to get it changed to residential.FHA appraisals are good for 6 months so you have some time.

I am a licensed Sr Reverse Loan Officer and resident here in Birmingham with First Choice Bank. My NMLS # is 113264. I agree with the previous advise you were given. I need you to forward me the titlework and the appraisal that was done through the AMC. You have paid for it and therefore are entitled to a copy of it. I do not understand how that you were unaware of the commercial zoning. Normally that requires certified mail. Be that as it may it may require you going back to zoning board in Talladega and getting you house reclassified residential. You cannot do a reverse mortgage on a commercial property.