What is a Reverse Mortgage

What is a Reverse Mortgage? A Reverse Mortgage enables Senior’s age 62 and older to convert a portion of the equity in their home into tax-free proceeds without giving up ownership or ever making a mortgage payment while in their home.  It is a non-recourse loan which means if the loan amount ever were to…

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Reverse Mortgage Funding, LLC filed for bankruptcy protection December 1, 2022. By December 6, 2022 monthly disbursements were approved by the courts to continue without interruption. What does this mean for you if you have a reverse mortgage with RMF? For the most part, nothing. One of the protections you get with the FHA backed…

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FFAZ Reverse Mortgage Lunch & Learn Prescott Arizona (1)

We had a great time helping, education and answering questions for our guests at the last Reverse Mortgage Lunch & Learn! Thank you to everyone that joined us, and thank you to Kimberly Marsh Photography for these fun photos. If you would like to join us at the next one on November 15th, you can…

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