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Wisconsin Reverse Mortgages
About Reverse Mortgages in WI.
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 Wisconsin Reverse Mortgage, as well as the Wisconsin HECM loan, is growing in popularity, as is the Reverse Mortgage in general. Proof of this growing popularity can be found from the below numbers (as brought to you by NRMLA the National Reverse Mortgage Lenders Association.)
- 2005 - 48,493 homeowners took out a reverse mortgage
- 2006 - 86,639 homeowners took out a reverse mortgage
- 2007 - 132,252 homeowners took out a reverse mortgage
There are a variety of Wisconsin reverse mortgages available. The most popular Reverse Mortgage in Wisconsin is the HECM. HECM stands for Home Equity Conversion Mortgage, and is usually what homeowners decide on when they consider getting a Reverse Mortgage. WI. reverse mortgages are fairly easy to obtain.
Wisconsin 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
Senior Reverse Mortgage Online is a national provider of reverse mortgages. As a Reverse Mortgage Company, we offer Wisconsin reverse mortgages in every city across the state. For additional information about the Wisconsin reverse mortgage you may visit the following links. You may also Contact a loan officer today to see if a reverse mortgage is right for you.
WI. Reverse Mortgage Resources
- Reverse Mortgage Facts & FAQs
- Reverse Mortgage Interest Rates
- Reverse Mortgage Costs
- Additional Reverse Mortgage Information
Below are just a few of the Wisconsin cities we serve.
Milwaukee Reverse Mortgages | Madison Reverse Mortgages | Green Bay Reverse Mortgages | Kenosha Reverse Mortgages | Racine Reverse Mortgages | Appleton Reverse Mortgages | Waukesha Reverse Mortgages | Oshkosh Reverse Mortgages | Eau Claire Reverse Mortgages | West Allis Reverse Mortgages | Wausau Reverse Mortgages | New Berlin Reverse Mortgages | Minocqua Reverse Mortgages | Janesville Reverse Mortgages | Antigo Reverse Mortgages | Marshfield Reverse Mortgages
To learn more about reverse mortgages in Wisconsin, please Contact us today. There is no obligation, and the information is free. You may visit the following link to return to the ReverseMortgage home page, or request a free Reverse Mortgage Quote online.
