The National Reverse Mortgage Lenders Association is the national voice and conscience of the reverse mortgage industry. They view their responsibility as presenting America’s senior population with the best possible financial product and providing them assurance that they can borrow with confidence from a NRMLA member.
- Home Equity Conversion Mortgage (HECM) for Purchase
Useful information about a reverse mortgage that allows seniors, age 62 or older, to purchase a new principal residence using loan proceeds from the reverse mortgage.
- Reverse Mortgage Calculator
Intended to give users a general idea of approximate costs, fees and available loan proceeds under the FHA Home Equity Conversion Mortgage (HECM) program.
- Borrowers’ Stories
Real life stories of people who used a reverse mortgage to pay off a forward mortgage and reduce their monthly expenses, to supplement their income from Social Security and pensions, to pay for healthcare or in-home care, or even to start a new business.
Good collection of informative articles and explanations having to do with reverse mortgages and their benefits.
Resource for anyone searching for information about active adult communities in the United States. Their website offers unbiased information and reviews of over 2,000 active adult communities.
From market trends to economic issues, your SRES® is specially qualified to address the real estate needs of adults ages 50+ and can empower you to make the best decisions for your future.
Using this tool, you can compare cost of living and its indicators for two cities supported by their dataset.Questions? Contact us now!