Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com How can I get my parents out of a reverse mortgage? Just like with any loan, you can get out of a reverse mortgage loan by paying it off. You can do this by refinancing the loan, paying it off with other assets, or selling the home. If you are able to refinance, the proceeds from the new loan will pay off the reverse mortgage. If you sell the home, the proceeds from the sale will be used to pay off the reverse mortgage loan. Speak with a Mortgage Advisor to discuss all of your options. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com

Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com Do I get a lump sum in a reverse mortgage? Yes, you can receive a lump sum payout with a reverse mortgage. This is one of the payment options available to you, and it allows you to receive all of the money in one single payment. Other payment options include monthly payments or a line of credit. The amount you receive depends on several factors, such as your home's value, your age, and the loan interest rate. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com

Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com How long does it take to get reverse mortgage? The time it takes to get a reverse mortgage depends on the lender you choose and the complexity of your situation. Generally, it can take anywhere from 30-45 days from application to closing. The process involves an appraisal, underwriting, and counseling session. Once these steps are complete and your loan is funded, you'll receive your funds. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com