You can learn more about the "Top Ten Things to Know if You're Interested in a Reverse Mortgage" courtesy of HUD by going to the following website: http://www.hud.gov/offices/hsg/sfh/hecm/rmtopten.cfm.
There are several places to go to find information about Reverse Mortgages. You can find info at my website, www.LoansA2z.com by following this link http://www.loansa2z.com/reverseMortgages.php . This contains up-to-date information in an easy to follow format. Before you contact someone for a reverse mortgage, make sure you check them out both at HUD's website, http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm and also at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com
We happen to be extremely well versed in the Reverse Mortgage process...look at http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm/rmtopten which is the FAQ's section. If you still need some help email me anytime...
Reverse Mortgage information such asYou must be 62 years of age or older? You must own the property outright or have considerable equity in the property? You must occupy the property as your primary residence? You must not be delinquent on any federal debthttp://mortgagereverse.org/information-on-reverse-mortgage.html
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