A Home Appraisal will be performed to determine the value of your home so that the loan amount can be calculated. Once the licensed appraisal is complete, the loan will go to “underwriting.
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Do You Want An Emergency Fund You Can Use When You Need It
1. Do You Want An Emergency Fund You Can
Use When You Need It
2. A Home Appraisal will be performed
to determine the value of your home
so that the loan amount can be
calculated. Once the licensed
appraisal is complete, the loan will
go to “underwriting.
3. All HECM reverse mortgage loans are fully backed and insured
by the Federal Housing Administration (FHA). This protects
borrowers in the unlikely event of the loan amount exceeding
the value of the home which may occur with a significant real
estate crash or if the younger spouse outlives the loan. You
must be know about the Reverse Mortgage Calculator .
4.
5. For More details you can visit our web site
Business Name Mortgage Wholesalers
Address 19200 Von Karman Ave. Suite 600, CA
City Irvine
Country United States
Phone No. 1-800-616-6256
http://mortgagewholesalers.com/reverse-mortgage/reverse-mortgage-solutions/