Five Common Reverse Mortgage Questions in Four Minutes

Common Advisor Questions I’ve compiled the answers to five common questions I receive from advisors (and their clients). What does “non-recourse” mean? Since the HECM reverse mortgage is an FHA insured, non-recourse loan, the lender’s ONLY “recourse” is the net proceeds from the sale of the home, even if the client owes more than the … Continue reading Five Common Reverse Mortgage Questions in Four Minutes