Page 13 - your_guide_to_reverse_mortgages
P. 13
Reverse mortgage process
Here is a step-by-step look at the reverse mortgage loan
process. We are here to listen to your goals, look at your
current financial situation, and answer any questions you
may have.
Call Us Today Counseling & Application
The first step is to learn In order to safeguard
1 more and the best 2 your interests, HUD
way to determine if a requires all reverse
reverse mortgage suits your mortgage loan applicants to
specific situation is to call us. undergo reverse mortgage
Our licensed reverse mortgage counseling. Your reverse
professionals will walk you mortgage professional will be
through a free, no-obligation happy to help you with your
financial snapshot of your loan application and answer
situation, how much you may any questions along the way.
qualify for, and then help you
decide on your next steps.
Processing & Approval Closing
We will then schedule A closing agent will
3 an appraisal to 4 contact you to sign the
determine the value of final documents and
your property – a requirement discuss any funding questions
for every mortgage application. you might have.
The appraisal will be added to
your application and submitted
for underwriting review.
13 13