Loan Processing
Loan process is simple:
- Senior(s) schedules appointment with Herb to learn all the details about the reverse mortgage available products
- Seniors complete reverse mortgage telephone counseling by an FHA approved independent counselor
- Herb assists borrower(s) with completing their reverse mortgage application
- Loan processing and underwriting is completed
- Borrowers(s) sign reverse mortgage loan documents
- Borrowers(s) receive requested funds on 4th or 5th day from loan signing
