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Search for licensed reverse mortgage lenders that are licensed and registered with the NRMLA.

Reverse Mortgage Loan

Legally referred to as a HECM, reverse mortgage loans lets homeowners who are at least 62 or older to use their home equity to receive payments from a lender. A reverse mortgage only becomes due when the borrower and their spouse passes away or when the borrower decides to sell or move out of the home. Property taxes, HOA and home insurance are still required to be paid when due. During the early 2000s, a small percentage of seniors made headlines by having their homes foreclosed on when they did not understand that property taxes were still required to be paid on an annual basis when taking out a reverse mortgage.

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Top Reverse Mortgage Lenders

The number of Reverse Mortgage Lenders/Reverse Lenders have decreased over the past few years with a lot of big banks such as MetLife, Chase, and Wells Fargo exiting the industry. We have rounded up a short list of some of the best reverse lenders in the country.

Top Reverse Lenders