Free Reverse Mortgage PDF's
Alaska Reverse Mortgage Directory
List of Reverse Mortgage Lenders in Alaska
Welcome to the Alaska reverse mortgage directory. We are currently seeking reverse mortgage lenders from Metlife, Bank of America, Wells Fargo and others. We are currently accepting listings in our National Reverse Mortgage Directory. If you are an Alaska reverse mortgage broker or reverse mortgage lender, please Contact Us for Alaska reverse mortgage directory listing details and costs.
Understanding Alaska Reverse Mortgages
If you're seeking information regarding senior reverse mortgages in Alaska, then this Alaska reverse mortgage directory is meant for you. The reverse mortgage is a unique home loan product that directly benefits seniors during their retirement years. More and more people are taking out Alaska reverse mortgages. As they grow in popularity, they are becoming a needed source or retirement income. See below for basic Alaska reverse mortgage rules.
Alaska Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
We do not make loans. If there is not a licensed representative in your area feel free to inquire with HUD, or the mortgage regulatory body in your state for more information on reverse mortgages. You may also contact the National Reverse Mortgage Lenders Association, or "NRMLA" for a licensed representative in your state.
