Reverse Mortgage Process
A common false impression with the reverse mortgage loan is that the procedure may be a lengthy one. This simply isn’t the case. The technique for receiving a reverse mortgage at one reverse mortgage is an easy 4 step process. Right here is what you can expect during the reverse mortgage process . 1: Communicate with us, completes the application and counseling Step one is to give us a call and speak with a certified professional. They can evaluate your situation with you and decide if a reverse mortgage is good for you or not. If this system makes sense for your financial goals an application can be sent out to you. We will assist you with the paperwork and assist you in figuring out the fine way to acquire your money out of your new reverse mortgage. You may select to receive your money in a Lump sum – take all of your cash today Time period payments – equal amount of cash for a fixed length of months or years Tenure payments – like time period paym