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Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
​iReverse Home Loans, Corporation
Branch Office * 8231 Tobago Lane, Wellington, FL  33414 * Branch NMLS #1613062
Branch Manager Russel Helfman M.B.A.   * Individual NMLS #387498
855-434-2349 (Phone) * 516-706-6125 (Fax)
Corporate Office * 7689 Sitio Algodon, Carlsbad, CA  92009 * Corporate NMLS #1564664
Low-Cost-Reverse-Mortgage-Help
We originate reverse mortgages in Florida, Texas and California
In Texas DBA “iReverse Home Loans of Texas, Corporation”
How Do I Qualify?
There have been recent changes to the FHA reverse mortgage guidelines but in general borrowers must meet the following:   

  • Borrowers on title are least 62 years of age or older.

  • The home is your primary residence.

  • There is substantial equity in your home.


  • The FHA is now requiring a “financial assessment” for all new reverse mortgages.
  • The amount of money you can receive from a reverse mortgage is determined by your home’s value, the age of the youngest homeowner, the current interest rate and the amount of equity in your home.

  • So a person aged 62 with a high value home will get more than a person aged 62 with a lower value home.

  • So rather than selling your home to get the money you need or being saddled with a Home Equity Loan payment, a reverse mortgage may be the right choice for you!
How Much Do I Qualify For?
Reverse Mortgage Help Desk - Rated A+, The Honest Place to Find out How the Loan Works and If It’s Right for You.  Low Cost Loans Our Specialty.
Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
If you have any questions about "How You May Qualify" or "How Much You May Qualify For," please contact us so we can explain any details of the program...
Low-Cost-Reverse-Mortgage-Help
Reverse Mortgage Help Desk - Rated A+, The Honest Place to Find out How the Loan Works and If It’s Right for You.  Low Cost Loans Our Specialty.
Reverse Mortgage Help Desk - Rated A+, The Honest Place to Find out How the Loan Works and If It’s Right for You.  Low Cost Loans Our Specialty.
Reverse Mortgage Help Desk - Rated A+, The Honest Place to Find out How the Loan Works and If It’s Right for You.  Low Cost Loans Our Specialty.
Reverse Mortgage Help Desk - Rated A+, The Honest Place to Find out How the Loan Works and If It’s Right for You.  Low Cost Loans Our Specialty.
  • This new requirement will make eligibility for the reverse mortgage more difficult for some borrowers but the FHA did leave two “grey” areas. 
  • There will be “compensating factors” for low income and “extenuating circumstances” for poor credit. 
  • This will become extremely important to any family on the edge of qualifying. 
  • My experienced team is trained on how to best present our borrower’s information to the bank Underwriters who make the judgment calls on these areas of the FHA guidelines. 
  • Hopefully this means that our borrower’s are more likely to get the most favorable decisions.
Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
Low-Cost-Reverse-Mortgage-Help
​iReverse Home Loans, Corporation
Branch Office * 8231 Tobago Lane, Wellington, FL  33414 * Branch NMLS #1613062
Branch Manager Russel Helfman M.B.A.   * Individual NMLS #387498
855-434-2349 (Phone) * 516-706-6125 (Fax)
Corporate Office * 7689 Sitio Algodon, Carlsbad, CA  92009 * Corporate NMLS #1564664
Low-Cost-Reverse-Mortgage-Help
We originate reverse mortgages in Florida, Texas and California
In Texas DBA “iReverse Home Loans of Texas, Corporation”