Understanding Eligibility

Understanding Eligibility

Understand the eligibility requirements and how to make the most of your home’s equity.

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How much equity is needed 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.

10 Min.

Learning about reverse mortgage eligibility requirements

What are reverse mortgage eligibility requirements?

Understanding the eligibility requirements of a reverse mortgage can is the first step to deciding if these financial vehicles are right for you.

15 Min.

Reverse mortgage foreclosure

Reverse mortgage foreclosure: How it happens and what to do next

Foreclosure doesn't need to be a frightening word. Learn what it is and how it applies to a reverse mortgage.

11 Min.

Reverse mortgages in California: Rights and eligibility requirements

If you’re a California resident considering a reverse mortgage loan, it’s important to be aware of the protections and eligibility requirements.

3 Min.

Can I take out a reverse mortgage on my condo?

A condo may qualify for a reverse mortgage if it meets FHA approval standards and borrower requirements.

4 Min.

What are the risks involved with a reverse mortgage?

Considering a reverse mortgage? Understand the potential risks, obligations, and borrower protections.

3 Min.

Can I get a reverse mortgage if I have bad credit?

Credit ratings are considered in the reverse mortgage financial assessment. Find out what that means for a borrower with a poor credit score.

4 Min.

A couple discussing what makes a good reverse mortgage candidate

What makes a good reverse mortgage candidate?

If you're curious to find out what makes a good reverse mortgage, here are some of the guidelines lenders will consider.

3 Min.

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