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If I decide to take a conventional mortgage now can I later decide to take a reverse mortgage at a later date.

by Ionia10104 from Fort Myers, Florida. 14 days ago Reply


Jim Marcinkowski (jimmarcinkowski)
#1 ranked lender in Florida - 224 contributions

Enter your answer here

14 days ago
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Jim Marcinkowski (jimmarcinkowski)
#1 ranked lender in Florida - 224 contributions

Yes, you can as long as there is equity in the property and you meet HECM's Financial assessment guidelines. Don't hesitate to call me at 239-936-4232 if you would like to discuss further. www.teaminlanta.com. Thank you! Jim

14 days ago
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Dan Paladin (dpaladin)
#1 ranked lender in California - 483 contributions

Yes..you can. Just meet the min age requirement and equity required along you can. There are other guidelines as well though meeting those two would be the start.

14 days ago
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Craig Prickett (cpmtgnow)
#2 ranked lender in Florida - 97 contributions

YES

13 days ago
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Todd Glassman (Todd Glassman)
#1 ranked lender in South Carolina - 115 contributions

Yes as long as you have equity in the home and meet HECM's/Reverse mortgage guide lines. We have a office in Florida. Penny James is our Reverse Mortgage Specialist. her number is 904-466-0110 to answer any questions you may have.

11 days ago
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,296 contributions

Yes.. you can do a reverse mortgage any time so long as you and your loan details meet eligibility requirements.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

11 days ago
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,670 contributions

Sure... You can always try to pay off an existing loan with a reverse loan, assuming you qualify for the loan, and assuming there is enough equity in the home.

9 days ago
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