Talk with your reverse mortgage planner to find out how much you qualify for and what documents are required. Note: A prequalification is not an approval of credit and does not signify that underwriting requirements have been met.
Complete your application, sign disclosures and provide any remaining documents requested. Appraisal is completed to determine value.
4 to 6 weeks after you apply we will notify you of approval and close your loan. We will contact you with the final figures and information.