Colorado’s First Certified Reverse Mortgage Specialist  - (303) 467-7821

Reverse Mortgage Blog

What Is Mortgage Insurance and Why Is It On Reverse Mortgage Loans?

- Monday, August 19, 2019

Mortgage insurance is required on all FHA insured reverse mortgage loans.

It does two things:

  1. It protects the lender against loss should the loan balance exceed the value of the home.
  2. It also protects the homeowner (indirectly), from the lender ever coming back to them, their estate, or their heirs.

Please check out the video and also download this article to learn more.

 

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Bruce Simmons
I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.
 

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Colorado Reverse Mortgage Guide.

Get this 28 page Consumer Guide packed with all the facts you need to make an informed decision to see if a reverse mortgage is right for you.

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I would like a Free Consultation to get all of my questions answered.




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Bruce Simmons Reverse Mortgage Specialist

American Liberty Mortgage, Inc.
Bruce E. Simmons, CRMP
Reverse Mortgage Manager
NMLS #409914

1932 W 33rd Ave
Denver, CO 80211

Direct: (303) 467-7821
Cell: (303) 513-2748
Toll Free: 1-877-467-7801

Fax: (303) 600-7871
bruce@almortgageinc.com

Licensing: Colorado LMB #100036937 // American Liberty Mortgage, Inc NMLS #1462
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