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Getting a FHA Reverse Mortgage on a condominium requires a little more paperwork, but is a great option for many seniors.  FHA has special guidelines for condominiums to help judge the stability of the condominium complex.  In a few cases we have actually worked with borrowers and their condominium associations to have the condo rules changed in order to meet FHA Guidelines.
Recently the Reverse Mortgage (HECM) market has added a new index to the available options.  You now have a choice of the index you will get on your loan.
Reverse Mortgage Payments For Life
The Tenure Payment option of a HECM and some other Reverse Mortgages allows you to receive a monthly benefit payment for as long as you live and continue to reside in the home.

Reverse Mortgage Terms

Welcome to the new Education First Reverse Mortgage article server.  In order to increase the amount of education information available we have added this article server.  The Reverse Mortgage Article Server can be accessed at www.efreverse.com/articles/.

 

We are adding more articles the database on a daily basis, so check back offten for the latest information.

 

Thank you for visiting www.efreverse.com

 




























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