Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com Can you sell your house if you have a reverse mortgage? Yes, you can sell your house if you have a reverse mortgage. The proceeds from the sale will be used to pay off the loan balance and any additional costs associated with the sale of the home. You will keep any remaining equity in the property after all obligations are met. 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 happens at the end of a reverse mortgage? At the end of a reverse mortgage, the borrower or their heirs must either repay the loan in full or sell the home to cover the loan amount. If they choose to sell, any remaining equity belongs to them or their heirs. The lender does not take ownership of the home when the borrower passes away. If the loan balance is higher than the market value of the home, you can turn the home over to the lender without further obligation. 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 you refinance a reverse mortgage? Yes, you can refinance a reverse mortgage. You can refinance into another reverse mortgage to take advantage of additional equity or lower interest rates. Or you can refinance into a traditional mortgage, or home equity line of credit. In order to do so, you must qualify for the new loan and meet the underwriting requirements. Traditional underwriting will include credit qualification, income qualification, asset qualification, and property qualification. 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