Hello Bernice. Replacing a Reverse mortgage with a conventional mortgage means that you are now electing to pay a monthly payment instead of receiving one. I do not know why you would elect to do this. But, if you have thought this through thoroughly, then you can certainly explore your options. Yes, it is possible. But you would still need to make enough income to support the mortgage. I assume you are planning to do this for some sort of "cash out"? Freedom Mortgage is a direct lender and licensed to fund loans in all 50 states. Please send me an email to discuss your options. adennie@fmbranch.com. Thanks.

Not sure why you would want to do that...going from not having to make any mortgage payments to suddenly forking over several thousand dollars each month may not be the wisest use of your disposable income...plus you stand a chance of missing a mortgage payment, which can trigger all sorts of negative outcomes...that would never happen with a Gov't-Insured HECM...any questions/comments please call 954-822-8443 or rickyrash@gmail.com also check out my new website http://www.financialfreedomforseniors.com

You can refinance to almost any kind of conventional mortgage as long as you have maintained your credit and income in good standing. for more information please feel free to call or email Houtan.Hormozian@Crestico.com - 949 242-5215

Sure it is possible. Usually the reasons you got the reverse mortgage are the reasons you may NOT want to refinance into a forward (conventional) mortgage. But there are a few scenarios that make sense: First, if you want to rent the property ,you need to refinance into a forward (conventional) mortgage. Second, if the reverse loan you have has a high rate AND you want a loan which will not eat away at the equity of the property AND you qualify for a forward (conventional) mortgage, then you may want to look at it (get side by side comparison). Remember -- you have to qualify for the forward mortgage (unlike the the reverse) for income, credit and assets. If you do not have the income for the monthly payment - then you can not get the conventional mortgage. Hope this answers the Q's - michael - 561-350-9663