The questions people have about reverse mortgages can range from matters of how to qualify to concerns about what an agreement really involves. As you look into the process, you can find that this is a kind of loan that lets you turn your home equity into something you can spend as you see fit. You can also find that you still own your home, and you can even retain the right to sell it or pass it onto an heir!
FHL Texas is prepared to help you learn about the different benefits of reverse mortgages. We can also help you understand how they are awarded and what terms you can set. The right arrangements can help you in exciting ways. Whether you have immediate plans for what you receive or you want to secure your loan now in preparation for the future, we can make sure your reverse mortgage and terms are truly right for you. (more…)