Qualified borrowers must have an FHA Reverse Mortgage on an Illinois property and must have “experienced a qualifying hardship”
The partnership will expand United's presence in the HECM for Purchase space
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.
Borrowers cashed out about $8 billion in home equity in the third quarter -- but will the trend continue?
After much delay, HUD has released new guidance for reverse mortgages
An industry association is urging the GSEs to get back into the market
Large producer of government-insured reverse mortgages winds down its production.
The reverse space is growing, and a top AMC and title insurer is making it easier for loan officers to originate reverse mortgages