As you and Carol work together with you to go through the process of finding out if a reverse mortgage can work for you, there will be some personal questions that you should be prepared to answer.
When you ask “How much money can I get?”, Carol will evaluate the following with you:
- Your age
- Value of your home
- Type of reverse mortgage
- Financial assessment
- Current interest rates
- Existing mortgage balance
- FHA lending limits for your area
All of the above will affect the amount of money that you may be able to receive and how it may be distributed to you over time.
As a licensed, experienced, reverse mortgage specialist, Carol Bertocchini can provide you with a customized quote based on the factors noted above. Complete the “Quote Request” form today!