How can I access my reverse mortgage account information?

... reverse mortgage loan. (2) The extent to which the borrower's financial needs would be better met by options other than a reverse mortgage loan, including ... There are two types of HECM reverse mortgages—the traditional. HECM Standard loan, and the HECM Saver loan. ... reverse mortgage or home equity loan contract. You ... A reverse mortgage is a home loan that you do not have to pay back for as long as you live in your home. It can be paid to you in one lump sum. A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash. Dec 21, 2023 ... Also like a traditional mortgage, when you take out a reverse mortgage loan, the title to your home remains in your name. However, unlike a ... A reverse mortgage increases your debt and can use up your equity. While the amount is based on your equity, you're still borrowing the money and paying the ... We are proud to be America's leading HUD-approved reverse mortgage lender, consistently achieving a stellar 4.99/5 star rating for our impeccable service. A reverse mortgage is a loan that allows homeowners aged 62 and over to borrow against the equity in their homes. Reverse mortgages work by allowing homeowners to tap into their home's equity while continuing to reside there well into retirement years. A counselor will explain how reverse mortgages work, including how you can access your equity, costs, tax implications, benefits and drawbacks.