Mortgage Basics
See who qualifies, how much you qualify for, lending areas, pros & cons plus more.
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Alternative Options
Discover alternative options that may be better than a reverse mortgage product.
Learn MoreClients love about our easy process!
Our easy 3 step process.
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Step 1 (Intro Call)
Initial call that helps determine options based on your unique goals.
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Step 2 (Processing)
Document collection, easy application, and submission to lender(s).
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Step 3 (Completion)
Approval review, independent legal advice, and funding.
Step 1 (Intro Call)
The initial discovery call helps us determine if a reverse mortgage is the best fit for your life goals. If other options align better, I'll discuss those alternatives as your unbiased professional.
Some questions I'll be asking are as follows:
- How old are you, and what are your goals?
- Where is your property and how long have you lived there?
- Do you have any debts, if so what type and how much?
- Do you have any income, if so from what and how much?
Step 2 (Processing)
The reverse mortgage process at this stage involves collecting required documents, completing the application and compliance forms, and submitting them to the lender for review. This ensures eligibility and compliance while preparing for a smooth approval process.
Here are some of the common documents that "may" apply to your application:
- Government-issued Photo ID (2 for each applicant)
- Property Documents (Property Tax, Mortgage Statement etc..)
- Income Documents (if applicable)
- Your Lawyer Contact Information
Step 3 (Completion)
The final steps of a reverse mortgage include reviewing the approval, obtaining Independent Legal Advice (ILA) to confirm understanding, and completing funding to disburse the approved amount. Independent Legal Advice (ILA) is a fantastic step to protect you. Some of the reasons for ILA may encompass the following.
- Clarity on Legal Terms
- Protection Against Undue Influence
- Verification of Mental Capacity
- Estate Planning Considerations