Free Reverse Mortgage PDF's
Kentucky Reverse Mortgage Directory
Kentucky Reverse Mortgage Specialists
We are currently accepting listings in our Reverse Mortgage Directory for each state. If you are a Kentucky reverse mortgage broker or reverse mortgage lender and would like to be listed on this page, please Contact Us for listing details and costs.
the Kentucky Reverse Mortgage
The reverse mortgage, often referred to as the Seniors Reverse Mortgage is a unique type of loan product that directly benefits seniors during their retirement years. The Kentucky Reverse Mortgage is growing in popularity, as is the Reverse Mortgage in general.
There are a variety of Kentucky reverse mortgages available. The most popular Reverse Mortgage in Kentucky is the HECM. HECM stands for Home Equity Conversion Mortgage, and is usually what homeowners decide on when they consider getting a Reverse Mortgage. Kentucky reverse mortgages are fairly easy to obtain.
Kentucky 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
Revere Mortgage Resources
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.
