Since there is no monthly payment required for the reverse mortgage loan (other than property taxes, homeowner’s insurance and other property charges), the loan does not appear on your credit report and it is not reported by the credit bureaus.
If you have any questions about this, be sure to call! 855-469-7383, Ext. 802.
Be sure to sign up for our free reverse mortgage loan guide. The guide tells you everything you need to know about the reverse mortgage loan.
Laura Funderburk is a highly sought after reverse mortgage loan specialist in Dallas, Texas. She has focused on this specialty loan for many years and stays up-to-date on the latest trends and changes. She is known for helping retirees supplement their retirement income using a reverse mortgage loan without being pushy or overbearing.
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