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Home » Consumer Guides

Consumer Guides

NRMLA has created guides and resources for consumers who are interested in learning more about reverse mortgages and for borrowers, and their families, who have questions about the rules, guidelines and timelines that apply to their loans.

Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations

Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations

Reverse mortgages are a versatile financial tool that nearly a million homeowners have used to age-in place, and for other reasons. However, like any financial product, reverse mortgages … more Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations

Posted on 05/27/2022 Categories Consumer Guides, Resources

Should Mom Or Dad Get a Reverse Mortgage?

Should Mom Or Dad Get a Reverse Mortgage?

  As part of NRMLA’s ongoing efforts to promote #OlderAmericansMonth, the PR Committee has created a new tri-fold brochure, titled “Should Mom Or Dad Get a Reverse Mortgage?”, that we … more Should Mom Or Dad Get a Reverse Mortgage?

Posted on 05/16/2022 Categories Consumer Guides

What You Need to Know About Your HECM After Closing

What You Need to Know About Your HECM After Closing

The National Reverse Mortgage Lenders Association created, “What You Need to Know About Your HECM After Closing” to answer questions reverse mortgage loan borrowers, and their heirs, may … more What You Need to Know About Your HECM After Closing

Posted on 07/26/2021 Categories Consumer Guides, Resources

What Do I Do When My Loan is Due?

What Do I Do When My Loan is Due?

The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?

Posted on 07/26/2021 Categories Consumer Guides, Loan Servicing, Resources

Recognize & Report Elder Financial Abuse

Recognize & Report Elder Financial Abuse

A new consumer brochure from the National Reverse Mortgage Lenders Association helps seniors and their loved ones recognize common scams and signs of financial exploitation. The free resource … more Recognize & Report Elder Financial Abuse

Posted on 07/14/2021 Categories Combating Elder Abuse, Consumer Guides

You Have a Reverse Mortgage: Know Your Rights and Responsibilities

You Have a Reverse Mortgage: Know Your Rights and Responsibilities

The Consumer Financial Protection Bureau released a new guide for older homeowners called You have a reverse mortgage: Know your rights and responsibilities. The new guide is the latest tool … more You Have a Reverse Mortgage: Know Your Rights and Responsibilities

Posted on 03/18/2021 Categories Consumer Guides

New Resource for Homeowners Who Need Help

New Resource for Homeowners Who Need Help

The Finance of America Foundation has created a new online resource for homeowners of all ages who may be experiencing financial hardships. If you have a reverse mortgage … more New Resource for Homeowners Who Need Help

Posted on 09/19/2020 Categories Consumer Guides

Choosing the Right Home Environment

Choosing the Right Home Environment

Should I Stay Or Should I Go? This consumer toolkit from the National Reverse Mortgage Lenders Association will help older homeowners consider whether their current home environment will best … more Choosing the Right Home Environment

Posted on 03/27/2018 Categories Consumer Guides
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