April 8th, 2020 2:44 AM by Juan Luis Rodriguez-Kohly
Interest Rates Are Extremely Low!
REFINANCING A REVERSE MORTGAGE
If you currently have a Reverse Mortgage on your home, that Closed over 12 months ago, it might be possible to refinance your current debt with another Reverse Mortgage to take advantage of:
In some cases, a Spouse had to be removed from title due to age. HUD has created new rules protecting Non-Borrowing spouses. If they are 62 years or older now maybe they can be included in the new Loan.
In order to prevent abuse, the Federal Government requires that some conditions are met, among others, to be able to do it:
Information required to do an estimate:
Send this information and a copy of your latest Reverse Mortgage Statement to Fax 786-345-0783 or email to: RodKohly@gmail.com or by mail.
email: _____________________________ Note: Information subject to errors and omissions, and change without prior notice