Reverse Mortgage Blog - Lorraine Jones

Reverse Mortgage Blog

FHA Approved Condos

November 8, 2019

Many seniors live in Condos because they work well for their lifestyle instead of having a large home with a great deal of maintenance, but if they want to apply for a reverse loan and their project is not approved with FHA, then what are their options for financing. Click here to read a bit more and find the answer. https://www.reverseloanconsultant.com/

Lorraine Jones

I have been sharing information on my personal blog for over 20 years about reverse loans and in the last 21 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in the FHA HECM program and encountered various situations with my clients who applied for the loan. My personal blog has covered many topics seniors face as they age and I have shared their experiences and their reasons for utilizing the loan while providing up-to-date information about reverse mortgages and other areas of interest. Please visit my website for more details and informational pieces and do share my website with others. https://www.reverseloanconsultant.com/

I have been sharing information on my personal blog for over 20 years about reverse loans and in the last 21 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in t...

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This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Lorraine Jones

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