Senior Lending Source
 For News, Information and Education

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Whether you're a professional that works with the senior population, a consumer that is doing research on this loan program or a friend or family member of a senior.  

The information on this site will keep you informed about  program changes, news and information in regards to the HECM (Home Equity Conversion Mortgage) or more commonly known as a Reverse Mortgage loan.......

       

     Minimum requirements for a Reverse Mortgage

  • All borrowers on the loan and on title to the property must be 62 years of age or older
  • All borrowers on the loan and on title must owner occupy the subject property
  • The homeowner's must maintain the home in reasonable good condition and keep up regular payments on their property taxes and homeowners insurance.

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Any comments or questions, e-mail us at:  SeniorLendingSource@gmail.com