On-AirVirginia This Morning


Spring changes will affect seniors considering a reverse mortgage

Posted at 12:06 PM, Jan 15, 2015
and last updated 2015-01-15 12:06:45-05

RICHMOND, Va - Reverse Director Brad Friedman, of ReverseMortgage.Pro, was back in the studio to tells us about some changes announced by the FHA regarding a reverse mortgage. Effective March 2nd of 2015, certain credit and income criteria will need to be met, and Brad filled us in on those details as well as how they will affect the average senior homeowner. ReverseMortgage.Pro is devoted to educating seniors about their finance options so they are able to make the best decision for their needs. For more information call 804-977-0059 or visit www.ReverseMortgage.Pro.