Who are reverse mortgages designed for?

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Reverse mortgages are designed for people advanced in age and holding some kind of property. Such people can reverse mortgage their properties to a bank and get the property's value and still continue using that property for a period mutually ascertained.

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Any exception to age qualification for reverse mortgage?

Age qualifications for reverse mortgages depend on the lender. Most of them require a minimum age of 62, however I had heard of one a few years ago that was qualifing individuals at age 60 for Reverse Mortgages I'm not sure if that company is still around or offering the product anymore. The ...

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Declining home values effect on a reverse mortgage.

If you already have a Reverse Mortgage, there is no effect from declining values. If you don't have one yet, you'll receive less cash benefit if the value declines.

How to become a Reverse Mortgage Agent

Hi, Call me to discuss. Brian, Metlife - 754-234-9559