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Some states, such as California, have multiple offices you can register with.. Every state has its own rules for reverse mortgage brokers, and.
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A reverse mortgage is a home loan for seniors 62 and older that allows homeowners to cash. Most people get a type of reverse mortgage that's called a Home Equity Conversion Mortgage.. Understanding Reverse Mortgage Interest Rates.
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We get them in touch with local real estate brokers or with the local chambers of commerce. Q: Has the chamber gotten involved with city officials or consulate officials over the uncertainty in.
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While lenders and brokers selling HECM loans are prohibited from promoting annuities or insurance, insurance agents can legally direct senior clients to get a reverse mortgage to fund. senior.
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Current list of California reverse mortgage lenders. All reverse mortgage companies are required to be licensed by the state of California no matter if they are in.