California Reverse Mortgage Application Process

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Californians that are considering a reverse mortgage, you might be wondering what the California Reverse Mortgage Application Process is.   For the homeowner, there’s only a few steps.  All told, between the lender or broker and the homeowner, there are 10 steps to getting a reverse mortgage in Califonia.  Discover both the pros of reverse mortgage […]

Reverse Mortgage Counseling – What Does Reverse Mortgage Counseling Cost?

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What exactly is the reverse mortgage counseling cost?  This is a very common question among those homeowners that are investigating reverse mortgages.  Generally, the cost of reverse mortgage counseling depends on a few things. On average, the cost of the reverse mortgage counseling session is $125.00.  Like any business, there are some counseling agencies that […]

Can I Refinance My Reverse Mortgage

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Can I Refinance My Reverse Mortgage Can I refinance my reverse mortgage?  Homeowners that have a reverse loan sometimes find themselves wondering, “can I refinance my reverse mortgage”?  It’s definitely possible to refinance your reverse mortgage.  However, the answer is not a simple “yes” or “no”. You see, there are rules implemented by FHA in […]