Sentences with phrase «people get a reverse mortgage»

Most people get a reverse mortgage on a home they already own and live in.

Not exact matches

Although other mortgage processes may be confusing and overwhelming for many people, you'll find that the reverse mortgage process is smooth and painless due to the comprehensive attention and guidance that borrowers get.

For some people, the important decision of whether or not to get a reverse mortgage is rivaled only by the decision of which lender to get a reverse mortgage with.

The amount of money a person can get from a reverse mortgage depends on the age of the youngest borrower, home value, and current interest rates.

Information is power, and I hope that all people who get involved with reverse mortgages are fully aware of all options available!

By now, most people know why reverse mortgages got their name: the cash flow is reversed.

So I don't think there was necessarily this idea when reverse mortgages got going, that people would open them and not tap into them.

How Much Money Can People Get with a Reverse Mortgage?

Before going any further, it should be noted that only people age 62 and above are eligible to get a reverse mortgage — and 62 is young to get one.

You will have one Reverse Mortgage Professional assigned to help you throughout, and because you are not getting passed around to a different person each time, your Reverse Mortgage Professional will know exactly at what point in the process you are.