The Reverse Mortgage Timeline
| 1. |
A phone consultation with a Best Advantage Reverse Mortgage Representative |
Day 1 |
| 2. |
An informational appointment with a Best Advantage Reverse Mortgage Advisor |
Week 1 |
| 3. |
An application to get started; not an obligation, contract or commitment |
Week 1 |
| 4. |
FHA Certified Credit Counseling Appointment |
Week 2 |
| 5. |
An Introduction to your Best Advantage Reverse Mortgage Processor |
Week 2 |
| 6. |
FHA Appraisal |
Week 3 |
| 7. |
Termite Inspection (if required) |
Week 3 |
| 8. |
Repair Assessment (if any) |
Week 3 |
| 9. |
Submittal to Underwriting |
Week 3 |
| 10. |
Closing |
Week 4 |
| 11. |
Three Day Right of Recission |
Week 4 |
| 12. |
Recording |
Week 4 |
| 13. |
Funding |
Week 4 |
| |
* The time line is considered typical; actual times may be
different depending on varying and unusual circumstances. |
Reverse Mortgage Company California
Once you have decided that a Reverse Mortgage may be right for you, how do you decide where to go to get one? It is very important to work with a
Reverse Mortgage specialist with plenty of experience and understand the process.
All of our employees at Best Advantage Reverse Mortgage receive formal training, have a thorough understanding of Reverse Mortgages, and are able to present all available options simply, clearly, quickly, and effectively.
We would like to hear from you soon.
To Contact us please call:
(866) 400-4362
You may also contact us by email:
info@bestadvantagereverse.com
