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Reverse Mortgage

Reverse Mortgage Property Requirements in California (Updated 2025)

Reverse mortgages are often advertised as a simple way for seniors to access their home equity, but the reality can be more complex—especially when it comes to property requirements. If you’re considering a reverse mortgage in California, understanding the specific property qualifications is essential. Understanding Reverse Mortgage Property Requirements The exact requirements for a reverse […]

Categories
Reverse Mortgage

How to Use a Reverse Mortgage Repair Set-Aside in California

Reverse Mortgage for Home Repair | Repair Set-Asides to Assist If you or a loved one is considering a reverse mortgage in California and the home requires repairs, you may be wondering how those costs will be handled. The good news is that HUD guidelines allow for repair set-asides under certain conditions, making it possible […]