Larry McAnarney
815-703-4745

Reverse Mortgage Age Qualifications

What is the Reverse Mortgage Age?

To clear up a common question, the minimum reverse mortgage age is 62. The product was designed for Senior Citizens by the US Government to benefit seniors during the retirement process. The following are the general requirements. Notice the minimum reverse mortgage age listed below. As a side note, the amount of proceeds from a reverse mortgage are also based on age.

Reverse Mortgage Qualifications

>> Borrowers must be Age 62 years or older
>> Own their home and have enough equity in to qualify
>> Occupy the home as primary residence
>> The home must be in generally good condition
>> Must meet with a certified HUD/FHA counselor

If you would like more Information regarding the reverse mortgage age qulaifications, you may Contact one our Reverse Mortgages Specialists for additional information on the reverse mortgage. You may also visit the following link to return to the ReverseMortgage home page, or request a free Reverse Mortgage Quote online.

Verified Reviews

(223)

We Loved the Personal Touch We had talked to other reverse mortgage companies, but it was always over the phone. We liked the fact that Reverse Mortgage Funding had someone come to our house. We loved the personal touch. Our loan specialist Larry McAnarney did an outstanding job explaining the reverse mortgage process. He was just wonderful to work with. He kept us up to date with how the process was going with email and phone calls. We highly recommend him and RMF to anyone thinking about a reverse mortgage.

Casey & Sandra C — Mar 8, 2019

Extremely Helpful Larry was extremely helpful throughout the process of my parents’ reverse mortgage. His professional and friendly service made it easier for us to get through what could have been a very laborious ordeal. Communication was easy with him as he was always easy to contact and was very prompt with his responses. I would definitely recommend Larry for reverse mortgage services.

Jessica M — Sep 5, 2024

Great Service Larry McAnarney was great to work with. The whole process was fast and easy to understand. I had to assist my mother with this process due to my father's ailing health. I know that my dad would be very happy with the choices we made and the service that was provided to us by Larry.

Amy D — Jan 29, 2014