Want to Refer a Reverse Mortgage?
|Step 1||Use the reverse mortgage calculator on this page to pre-qualify your borrower.|
|Step 2||Submit your borrower’s information.|
|Step 3||A FAM reverse mortgage advisor in the borrower’s local area will contact the borrower.|
Don’t miss the specialized reverse mortgage marketing tools and Journeys in Two-XM
* Available proceeds is negative because you many need to bring this much cash to close.
It looks like you may need to bring cash to close, but a Reverse Mortgage may still be beneficial depending on your unique situation.
The illustration and figures above are an estimate based on the value and age you provided. This is the amount you may be eligible for before fees. It is not a loan commitment and does not mean you have been approved. All borrower’s must meet all loan obligations, including living in the property as the principal residence and paying all property charged, including property taxes, fees, and hazard insurance. The borrower must maintain the home. If the borrower does not meet the loan obligations the loan could be called due.
+ For Reverse for Purchase: enter purchase prices as mortgage balance