For many pensioners and retirees, the reverse mortgage finance process begins with a long period of research. It’s not uncommon for some borrowers to gather information and think about it for 12 months or longer until they actually proceed with a reverse mortgage application.
Ideally, before you apply for a senior’s reverse mortgage loan you should:
Once you decide to make a reverse mortgage loan application, Seniors First will conduct a detailed interview with you to gather information and recommend suitable lenders. Such good preparation makes the actual application process quick and easy, and most reverse mortgages applications complete within 4-6 weeks.
As your reverse mortgage broker, Seniors First staff will handle the loan application process for you: