FHA Reverse Mortgages in Wisconsin, Illinois, Minnesota and Florida

You can get a reverse mortgage on a condominium, but it must be your principal residence.

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We are a Mortgage Banker serving Wisconsin, Illinois, Minnesota and Florida. We offer first time home buyer programs, FHA, VA, USDA, FHA 203k Rehab, FHA Reverse, Fannie Mae, Freddie Mac, Conventional, Fannie Mae HomeStyle Rehab, Jumbo, no money down and many more!

For Your College Student or Elderly Parents This article "Reverse Mortgage Changes" was written by Luke Skar whose mortgage branch serves Wisconsin, Illinois, Minnesota and Florida. Since 1993.

Turn the home of your dreams into reality. Whether you are buying your first home, second home, or vacation property, Horizon Lending Services, LLC will help you determine exactly what type of purchase loan is best for you.

Counseling Agencies Welcome to FHA’s search for Counseling Agencies by location or name. You can search to find Counseling Agencies in various parts of the country. For example, if your search is for a list of all active Counseling Agencies in Washington, D.C., the important fields to fill would be the state and city fields.

FHA Reverse Mortgage: An FHA reverse mortgage is designed for homeowners age 62 and older. It allows the borrower to convert equity in the home into income or a line of credit.

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What is a reverse mortgage and why is it different? In the case of an FHA Reverse mortgage, the bank makes payments to you rather than you making payments to the bank. Can the home be passed to my heirs if a reverse mortgage is attached? Yes, but they must repay the loan balance or refinance the home into their name.

Reverse Mortgages through FHA's Home Equity Conversion Mortgages (HECM) Limits a list to Lenders who have done a HECM within the past 12 months.

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