Reverse Mortgage Loan Process
By: Kelly South
February 5, 2023 • 1 minute read
Getting a reverse mortgage is a relatively simple process. We break it down into six easy steps: Research, Discuss, Counseling, Application, Processing, and Close. The time required to get a reverse mortgage can be as fast as a few weeks and as long as several months depending on your unique situation. Speak with a licensed reverse mortgage loan officer in your state to learn more about the process as well as to ascertain how long their company’s process may take.
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For more information on our Top 5 Reverse Mortgage lenders click here. We break down the top companies in the reverse mortgage space along with a consumer guide outlining pros and cons of a reverse mortgage and how a reverse mortgage works. We also present the best in class companies and our recommended choices for consumers.