Just two months after unveiling its HomeSafe Select – the only reverse mortgage HELOC on the market – Finance of America Reverse has eliminated a key feature of the loan. Despite boasting of the 5% growth rate on the Select’s line of credit that could aid borrowers in “growing their available funds for future needs,” the lender withdrew this option, disappointing borrowers who were just about to close.
https://karincomeaux.com/wp-content/uploads/2020/12/SiteLogo-2019-9-24-7-47-34.png 0 0 HousingWire https://karincomeaux.com/wp-content/uploads/2020/12/SiteLogo-2019-9-24-7-47-34.png HousingWire2019-01-23 16:03:002019-01-23 16:03:00Finance of America Reverse eliminates key feature on proprietary reverse mortgage HELOC
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148