Real Estate Glossary



  Reverse Mortgage Counseling

In order to get a Home KeeperŪ reverse mortgage or a Home Equity Conversion Mortgage (HECM), you must receive counseling that explains how the financing option works.

During your counseling, you will receive an estimate of your loan advances and an explanation of your responsibilities as a borrower. Other sources of unbiased information education may also be provided. A non-profit agency or a local lender typically conducts the counseling.

 

[ Back To Real Estate Glossary ]

ACCEPTING NEW LISTINGS! We can get it SOLD!! F.R.O.G.


Home | HOMES | LOTS & LAND | COMMERCIAL | TN MLS | NC MLS | BUYER REQUEST | SELLER REQUEST | Buyer/Seller Info | Relocation | Newsletter | Local Weather | Local Links | Community Overview | Local Phone #s | Schools | Contact Us | Our Agents | Mortgage Calculator | Mortgage Rates | Real Estate News | Guest Book

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu