FAQ What disqualifies you from getting a reverse mortgage?
Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
What disqualifies you from getting a reverse mortgage?
Generally, you must be at least 62 years old and have significant equity in your home to qualify for a reverse mortgage. You must also be able to pay ongoing property taxes, insurance, and other related costs. Other disqualifying factors include having a delinquent federal debt, recent foreclosure or other deragatory mortgage related debt, or not occupying the home as your primary residence.
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
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Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
Reverse Mortgage Resource Center specialize in providing comprehensive information on reverse mortgages to seniors. Our goal is to educate and guide our clients through the process, ensuring they fully understand their options and can make informed decisions.
We offer a wide range of reverse mortgage services that can help you access the equity in your home in a way that best suits your needs.
Reverse Mortgage Resource Center offers the following services:
Reverse Mortgage
Reverse Mortgage for Purchase
Cash Out Reverse Mortgage
HECM to HECM Refinance
Jumbo Reverse Mortgage
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
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Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
Is reverse mortgage taxable?
A Reverse Mortgage is a loan. Generally, proceeds from a loan, such as a reverse mortgage are not taxable. It's important to consult with a tax professional to discuss your individual circumstances.
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
Can I add my daughter to my reverse mortgage?
No, you cannot add your daughter to your reverse mortgage after the loan is established. If your daughter meets all the requirements for a reverse mortgage, you can take out a new mortgage with both you and her listed as borrowers on the new 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

Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
What disqualifies you from getting a reverse mortgage?
Generally, you must be at least 62 years old and have significant equity in your home to qualify for a reverse mortgage. You must also be able to pay ongoing property taxes, insurance, and other related costs. Other disqualifying factors include having a delinquent federal debt, recent foreclosure or other deragatory mortgage related debt, or not occupying the home as your primary residence.
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
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