The Reverse Mortgage Process
How does a reverse mortgage work? Rick May explains the HECM program.
How does a reverse mortgage work?
Rick believes that it all starts with educating one’s self on the reverse mortgage. According to Rick,“It’s very important that my reverse mortgage clients know the pros and cons and learn the truths about how the HUD reverse mortgage works. Then, and only then can they make an informed decision.”
The process of getting your reverse mortgage will be a lot like getting any other home loan you’ve had. However… the advantages of a reverse mortgage are even better, because you’ll never make a payment on this loan while you live in the home! It is our goal to help you understand each and every step of the reverse mortgage process.