• Follow
  • Follow
  • Follow


510.621.5917



[email protected]



  • Follow
  • Follow
  • Follow
  • Home
  • About
  • Loan Programs
    • Conventional Mortgages
    • VA Home Loans
    • FHA Loans
    • Renovation Loans
    • Down Payment Assistance
    • Reverse Mortgages
  • Commercial Loans
  • Mortgage Basics
    • Down Payments
    • Home Buyer Dont’s
    • Loan Application Checklist
    • Mortgage 101
    • Mortgage Options
    • The Loan Process
    • Your Credit Score
  • Mortgage Calculator
  • Blog
  • Contact

What are Some of the Unique Features of a Reverse Mortgage?

by Cherie | Aug 22, 2023 | Education

What are some of the unique features of a reverse mortgage? A reverse mortgage is a “non-recourse loan”, meaning that the borrowers have no personal liability for the loan, so responsibility for repayment is transferred from the borrower to the home. Since the home...

Recent Posts

  • What are Proprietary or “Jumbo” Reverse Mortgages?
  • What are the Reverse Mortgage Safeguards?
  • What are Some of the Unique Features of a Reverse Mortgage?
  • When does a Reverse Mortgage Become Due for Payoff?
  • What are the Eligibility Requirements for a Reverse Mortgage?

Recent Comments

    This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

    *There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

    Lanny Clark
    C2 Certified Reverse Mortgage Specialist
    NMLS #242792 | DRE #0118730
    828 San Pablo Ave Ste 220C
    Albany, CA 94706
    Phone: (510) 621-5917
    C2 Reverse Mortgage – Albany CA Branch, NMLS #1899037 | DRE #01821025

    • Follow
    • Follow
    • Follow

    NMLS Consumer Access
    Disclosures & Licensing
    Privacy Policy

     

    This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS# 135622. Loan approval is not guaranteed and is subject to lender review of information. Loan is only approved when lender has issued approval in writing. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the state of California.

    C2 Financial Corporation is approved to originate VA loans, and has the ability to broker such loans to VA approved lenders. C2 Financial Corporation is not acting on behalf of or at the direction of HUD/FHA or the VA.

     

    www.c2financialcorp.com
    www.c2reverse.com

    Copyright October 3, 2023 Great Rates By Lanny | All Rights Reserved | Designed by HFB Technologies