Reverse Education Center

Applying

The reverse mortgage loan application process has some unique aspects that distinguish it from other mortgage applications. Learn what to expect when applying for a reverse mortgage here.

reverse mortgage loan to value ratios
Understanding reverse mortgage loan-to-value ratios

LTV or loan-to-value ratio is one of the factors that lenders consider in deciding how much a reverse mortgage borrower can receive.

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Can you get a reverse mortgage on a mobile home?
Can you get a reverse mortgage on a mobile home?

Mobile homes are not the same as manufactured homes. Learn the difference and how it applies to a reverse mortgage.

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A woman discussing reverse mortgage equity requirements
Reverse mortgage equity requirements

To be eligible for a reverse mortgage, borrowers need to own their homes outright or have substantial equity.

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A couple discusses the seven steps to getting a reverse mortgage with a financial counselor
Applying for a reverse mortgage in 7 steps

The process for getting any mortgage can be confusing. We break down getting a reverse mortgage into seven simple steps, starting with research.

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A woman and her grandchild playing blocks
What if you don’t have enough equity for a reverse mortgage?

A reverse mortgage requires that borrowers have substantial equity in their homes. Here are some options if you don't have enough equity to qualify.

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