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Listings for Reverse Mortgages Common Issues (10)

 

My lender or broker never provided me with the notice of a right to rescind...

My lender or broker never provided me with the notice of a right to rescind for a mortgage loan. What can I do? If you […]

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What are my responsibilities as a reverse mortgage loan borrower?

What are my responsibilities as a reverse mortgage loan borrower? There are three main requirements that you must fulfill if you have a Home Equity […]

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If I have a reverse mortgage loan, will my children or heirs be able to kee...

If I have a reverse mortgage loan, will my children or heirs be able to keep my home after I die? It depends. If you […]

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What happens if I have a reverse mortgage and I have to move out of my home...

What happens if I have a reverse mortgage and I have to move out of my home, such as moving into a nursing home or […]

23 total views, 1 today

 

What happens if my reverse mortgage loan balance grows larger than the valu...

What happens if my reverse mortgage loan balance grows larger than the value of my home? If your loan balance is more than the value […]

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What happens if I have a reverse mortgage and I want to sell my home?

What happens if I have a reverse mortgage and I want to sell my home? When you sell your home your reverse mortgage loan will […]

22 total views, 1 today

 

What should I do if I have a reverse mortgage loan and I can’t pay my prope...

What should I do if I have a reverse mortgage loan and I can’t pay my property taxes or homeowners insurance? If you can’t pay […]

23 total views, 0 today

 

Should I use a reverse mortgage to consolidate my debts?

Should I use a reverse mortgage to consolidate my debts? Using a reverse mortgage loan to consolidate debt  can be risky because if you fail […]

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What should I do if I have a reverse mortgage loan and I received a notice ...

What should I do if I have a reverse mortgage loan and I received a notice of default or foreclosure? Act quickly. If you delay […]

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I saw an ad for a no-payment reverse mortgage from the Department of Vetera...

I saw an ad for a no-payment reverse mortgage from the Department of Veterans Affairs (VA). Is this legitimate? No. The VA does not offer […]

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