How can i Qualify for a face-to-face Mortgage?

Household Guarantee Sales Financial (HECM)

The fresh HECM is the most popular reverse mortgage. HECMs is actually covered because of the Government Construction Government (FHA), which is area U.S. Company out of Casing and you can Urban Development (HUD). The fresh new FHA pledges you to definitely loan providers can meet its financial obligation. […]