🔥Get Your Free Info Kit🔥
info@ReverseMortgageLoanAdvisors.com, (714) 271-8524, or at Reverse Mortgage Info
Currently, the reverse mortgage with new age requirements is available in about 20 states including California and Colorado.
🔥🔥🔥🔥Learn to Make Money on YouTube: https://bit.ly/2ZaayTk​
🔥🔥🔥🔥LEARN TO MAKE MONEY ONLINE With INSANE Training: https://bit.ly/3bG4Lb1​
🔴You can check out the best credit repair software of 2020 here: https://bit.ly/DiyCreditRepair
🔴If you prefer to use a professional service, this one is very good: https://bit.ly/ProCreditRepair
In this video we talk about a new age requirement for reverse mortgages in California in Colorado. There have been some changes in recent months in terms of the minimum age requirement for reverse mortgage. It's now 55 in some states. How much can you borrow? Age 55 - 27.4% - 40.1% of the appraised value. Age 58 - 30% - 43% of the appraised value. Age 61 - 34% - 47% of the appraised value. The amount gets a little bigger with every passing year. The first thing that has to happen when you do a reverse mortgage is that your current loan is paid off. This eliminates your mortgage payment. Any additional funds can be used however you like (unless you don't pass the financial assessment, then you may need a tax and insurance escrow account).
If you want to learn more about a reverse mortgage, you can also check out California, Colorado, & Idaho's Best Reverse Mortgage Broker.
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com