What Are the Basic Requirements For a Reverse Mortgage?
Автор: Golden Years Investing
Загружено: 2026-01-21
Просмотров: 4
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Are you considering a reverse mortgage but unsure about the eligibility criteria? This video breaks down the essential requirements you need to meet to unlock your home's equity and enhance your retirement finances.
In this video, you'll discover:
► Key eligibility factors including homeownership, age (62+), and existing home equity.
► Why your home must be your primary residence and meet specific FHA property standards.
► The critical importance of maintaining property taxes, homeowners insurance, and HOA fees to avoid foreclosure.
► The mandatory counseling session designed to help you understand all aspects, benefits, and risks of a reverse mortgage.
► How the FHA-insured Home Equity Conversion Mortgage (HECM) provides added protection and peace of mind.
#ReverseMortgage, #RetirementPlanning, #HomeEquity, #SeniorFinance, #FinancialFreedom
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