You can start exploring reverse mortgage options in your state using HUD’s FHA lender search tool. The search function allows you to search for HECM lenders by state, county and zip code.
In addition to FHA-backed home equity conversion mortgages, Finance of America offers HomeSafe Standard, a jumbo reverse loan for as much as $4 million that's available to borrowers age 55 and older.
as the leading retail reverse mortgage lender in the country, according to data from RMI. The companies were separated by 203 HECM endorsements logged between January and December. RMI data shows ...
Liberty Reverse Mortgage is a direct reverse mortgage lender that specializes in home ... a reverse mortgage counseling session with a HUD-approved counseling agency. As proof you have completed ...
the law changed to allow the Federal Housing Authority to back reverse mortgages through an FHA-approved lender, and the Home Equity Conversion Mortgage was created. HECMs are the only federally ...
The most common type of reverse mortgage is a home equity conversion mortgage (HECM). These loans are insured by the Federal Housing Administration (FHA) and issued by FHA-approved lenders.
Reverse mortgages are a type of home loan available to homeowners age 62 and older. The Home Equity Conversion Mortgages (HECMs) program is administered by HUD (the Housing and Urban Development ...