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Property Taxes and Reverse Mortgages: A Reader Question
A reader got in touch with us recently with a lengthy question about reverse mortgages. We won’t reprint the entire message, but here are the relevant parts: “The Reverse Mortgage Company .(Lender name...
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FHA HECM Loan Changes: A Reader Question
A reader asks, “I have been trying for a few years now to obtain a FHA reverse mortgage for my condo in Staten Island…We were told that spot reverse mortgages are no longer available. Since our condo...
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FHA Loan Rules, Reverse Mortgages and Seasoning Periods
A reader asks, “I had a forclosure in 9/12/2012. I have applied for a reverse mortgage several months ago. The loan officer told me that I would have to wail until sept 2015 to re-apply. Is there any...
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