Can a Reverse Mortgage Result in Foreclosure?
When your clients ask if a reverse mortgage could result in foreclosure, the answer is yes. However, when clients think of foreclosure, they think of the most common reason traditional (forward) loans end in foreclosure - failure to make the required monthly mortgage payment. Of course, that wouldn't make sense with...
Help Your Clients Visualize Their Future Financial Freedom with FAR’s Reverse Illustrator
When envisioning a financially secure retirement, people typically don’t consider a reverse mortgage in their planning process. Even though a reverse mortgage can add options and flexibility to their retirement funding strategy, people are still skeptical about its real benefits. For this reason, FAR developed a robust reverse mortgage calculator...
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