When you submit this form you will be sent a generic package of information which will give you an indepth insight into what an FHA insured reverse mortgage is and who it is designed to help. Prior to submitting please remember that you must be at least 62 year of age and generally have more than 50% equity in your home.
Yes, it is OK to have an outstanding mortgage at this time.
Remember,no matter who you work with, you are at no time legally obligated to the loan terms until three days after your loan closing no matter how many loan documents you sign. This is the law.
This information will be sent to you without any charge and without any obligation. Naturally if it is helpful and you would like to take the next step, I hope you will call me.
John G. Karavas at 866-702-7625
