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CALL TODAY to speak with a reverse mortgage professional.
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Non-borrowing Spouse Counseling
Loan amounts are available HUD requires that all reverse
to borrowers with a non- mortgage applicants must
borrowing spouse under the undergo independent,
age of 62. New rules also third-party HUD-approved
allow the eligible spouses of counseling. This ensures
borrowers who pass away that borrowers understand
to stay in the home without the financial implications
foreclosure, as long as the associated with their
surviving spouse continues reverse mortgage, what
to pay taxes, homeowner’s their obligations are and
insurance, home what other alternatives
maintenance, and otherwise may be available to them.
comply with the loan terms. We support third-party
counseling so that you feel
completely comfortable with
the process and understand
your options.
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