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If you default on a reverse mortgage can the bank take your savings accounts

by Karebear53875 from North Port, Florida. 9 days ago Reply

Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 1,904 contributions

My initial answer is 'Probably not'. BUT!!!!!! Before you run with that answer, I don't have enough information to tell you that with absolute certainty. I'd love to have a conversation with you to gather a few additional details to make sure my answer is correct in your situation. Please reach out to me. I won't try and sell you a new loan. I'm not licensed in Florida, but have been doing reverse mortgages for nearly a decade. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ 480-889-9000.

9 days ago
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