Reverse Mortgage Loan Advisors

October 2nd Reverse Mortgage Changes Are Here – What Do These Reverse Mortgage Changes Mean?

Posted on

October 2nd Reverse Mortgage Changes: On August 29th, 2017, the U.S. Department of Housing and Urban Development announced big changes to the Home Equity Conversion Mortgage (aka Reverse Mortgage or HECM). The October 2nd Reverse Mortgage Changes will have a pretty big impact on potential borrowers. Some of the changes are good and some are […]

Reverse Mortgage Loan Advisors

Reverse Mortgage Counseling – What Does Reverse Mortgage Counseling Cost?

Posted on

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 – $150.00.  Like any business, there are some counseling […]