Silver Lining in Reverse Mortgages
In the last weeks I have had a number of calls for reverse mortgages
Perhaps I need to re-look at the silver lining in HECM's
For someone who owns a home that they want to stay in until
they go to heaven they make sense.
Reverse mortgages are a hybrid FHA project.
No payment is necessary, but property taxes and fire insurance
must be maintained current by the Borrower.
Makes sense for certain people
Let's chat about it
Caroline Gerardo Eagle Home Mortgage, Universal American Mortgage
Posted by Caroline Gerardo