Blog

Check back to Carol’s Blog page for some personal and professional tips on how to enjoy the endless benefits that come with a lifestyle balanced with a reverse mortgage.
 

New date set for Reverse Mortgage Financial Assessment!

March 2nd, 2015

Last Friday HUD Announced a revised Reverse Mortgage Financial Assessment date for April 27th. If you know of anyone interested in getting a Reverse Mortgage – now is a great time before this goes into effect and while interest rates are still really low! HUD writes in explaining the purpose of the new financial assessment, […]

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Reverse Mortgage Financial Assessment to Begin March 2015

January 22nd, 2015

The Department of Housing and Urban Development (HUD) has issued a financial assessment for reverse mortgage borrowers that will take effect March 2, 2015 HUD writes in explaining the purpose of financial assessment, “The mortgagee must evaluate the mortgagor’s willingness and capacity to timely meet his or her financial obligations and to comply with the […]

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