More and More People Agree...A Reverse Mortgage Just Makes Sense

• Tax Free Income
• No Repayment (as long as you live in home)
• You still Retain Ownership of your home

Learn More About Reverse Mortgages

Montana Reverse Mortgage Directory

Montana Reverse Mortgage Specialists

Welcome to the Montana reverse mortgage directory. We are currently accepting listings in our Reverse Mortgage Directory for each state. We are happy to provide this free service to our web visitors.

About Reverse mortgages in MT

If you are interested in information on a reverse mortgage in Montana, you have found the right page. The reverse mortgage is a unique type of loan product that benefits seniors during retirement. The Montana Reverse Mortgage is growing in popularity, and represents a ready source of Additional Retirement Income.

There are a variety of Montana reverse mortgages available. The most popular Reverse Mortgage in Montana is the HECM Reverse Mortgage. HECM stands for Home Equity Conversion Mortgage. Over 90% of homeowners opt for a HECM. All Montana reverse mortgages are fairly easy to obtain. Certain conditions must be met, but there are no stringent requirements.

General MT 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.

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