Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com How much can a 70 year old borrow on a reverse mortgage? The amount a 70-year-old can borrow on a reverse mortgage will depend on the lender and the senior's specific situation. Generally, the maximum loan amount is based on the age of the youngest borrower, their home's value, and current interest rates. The older the borrower, the higher the loan amount they may be eligible for. 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 When should you not get a reverse mortgage? Generally speaking, a reverse mortgage should not be considered if you plan to move out of or sell your home in the near future. 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 Who owns the house after a reverse mortgage? After a reverse mortgage, the homeowner retains ownership of the house. The lender holds a lien on the property until the borrower either moves out or passes away. At that point, if the loan balance is greater than the value of the house, the lender may take possession of the home to satisfy their loan. 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