The financial assessment that everyone has been talking about in the reverse mortgage industry has been delayed. It was supposed to roll out or become effective on March 2nd, 2015 but HUD had not yet gotten their ducks in a row. So…the change should be implemented within 1-2 months. If you don’t know what the financial assessment is, I encourage you to read my post: MARCH 2, 2015 CHANGES TO ELIGIBILITY REQUIREMENTS (FINANCIAL ASSESSMENT).
Should you have any questions about the new changes, please call or email me.
Feel free to use me as a resource. If you’re already working with a reverse mortgage lender, you can use me as a sounding board to make sure that you are getting the best deal. I also offer the lowest rates/fees and can beat anyone when it comes to fees, rates and most importantly, SERVICE.