|
5 Easy Steps to a Reverse Mortgage by Your Home For Lifesm
Contact us for a Personal Consultation at 800-690-6646. We will meet with you at your home or anyplace else that’s convenient and provide you with all the details in writing so that you can be sure the program works for you. If you have a family member or trusted advisor you would like to have present at this meeting we encourage you to have them attend.
Get your HUD Approved Counseling. You must obtain an independent third party counseling certificate from an approved HUD (Department of Housing and Urban Development) counselor. Counseling can be done in person or over the phone. Click here for a list of approved counselors.
Apply for a Reverse Mortgage with Your Home For Lifesm . Once you have your counseling certificate, you can begin the application process. We will need to complete some paperwork and to order an appraisal. We’ll fill out all the paperwork for you and guide you every step of the way. We’ll also give you a copy of all the application papers and the forms you will sign at closing so you can review them at your convenience, or have your attorney or trusted advisor review them on your behalf.
Close on your loan. Closings typically take place in your home because that is the most convenient location for you. After the closing, the Federal “Right of Rescission” grants you three business days to cancel the transaction.
Enjoy financial independence in Your Home For Lifesm. Now you can enjoy the peace of mind that a reverse mortgage brings. You will never have to make a payment for as long as you live in your home as your primary residence. And of course, we’re still there for you if you have any questions, or need assistance. |
