

Reverse Mortgages – How they Changed This Week!
Reverse Mortgages – How they Changed This Week!
Hey There Greenies! So if you’re reading this post you are probably in the market for a reverse mortgage. Well, some things happened with Reverse mortgages this past week, which could have an effect on qualifying, or the amount of equity that you are entitled to.
Lending guidelines changed on April 27th. This change affected how lenders look at FICO scores, Co-Borrower and Reserve requirements for your impound account, just to name a few.
f you are in the market for a reverse mortgage reach out to us at;
858.863.0260 ext 114