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Qualification for a Reverse Mortgage |
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Qualifying for a reverse mortgage is primarily based on your age the available equity in your property. Assuming that you are age 62 or older, your only other concern is if there is any equity in your property from which to make a reverse mortgage. To determine the amount that you may be eligible to borrow through a reverse mortgage loan, you will need to determine the available equity in your property. Determining estimated equity is as simple as deducting what you owe on the property from the current market value.
My Reverse Mortgage Pro is pleased to offer an instant and free home valuation tool that will assist you in determining the value of your home. Please enter your specific property information to determine your home value, estimated equity and begin the qualification process.
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All of the Expertise and No Pressure!
We are big believers in the importance of using reverse mortgage experts to your advantage. Our network is built of only the most respectful, experienced and trustworthy professionals in the industry. Our team of reverse mortgage loan counselors is highly capable and qualified to answer any of your questions and start the qualification process on your behalf.
Upon completion of this form, our team will review your home valuation and submitted information and contact immediately. You can expect a call or email from one of our loan counselors within 24hrs of submission.
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