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Tightening mortgage credit may boost HECM

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EPISODE #779

How tightening mortgage credit may make reverse mortgages more appealing

[Housing Wire]There’s a reason why fewer potential homebuyers and those seeking to tap into their home’s equity may no longer qualify: increasing mortgage interest rates and stubbornly high home prices. Will this make reverse mortgages more appealing?

Other Stories:

  • [Finance of America Reverse] Can You Use a Reverse Mortgage to Build an ADU?
  • [Reverse Mortgage Daily] Reverse mortgages loans ready to expand in Europe

reverse mortgage podcast   reverse mortgage podcast

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2 Comments

  1. Hello Shannon, FYI. I had a rate objection come up. I used your previous line from a previous episode. Marry the house, date the rate. I love that phrase. And it worked. Thank you, keep up the good work.
    Michael Friedman

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