Purchase with Reverse

May 9, 2023

How to Use the Reverse Mortgage to Purchase a Home
Thursday, May 25
11:00 AM PT / 2:00 PM ET

Have any of these questions crossed your mind about reverse?

  1. How do you buy a house with a Reverse mortgage? What is the down payment?
  2. Who do I order Title from?
  3. When the buyer is using equity, can it be in escrow? Or does it need to have been closed already?

Many lenders and loan originators don’t realize they can leverage a HECM to help senior borrowers purchase a home. Join Plaza Home Mortgage® VP, Reverse Mortgage Division, Mark Reeve, as he’ll help answer these questions [and more]. Plus, Mark will share the ins and outs of a reverse mortgage and how you can simplify the reverse mortgage process with Plaza.

Find out more about reverse mortgage options on the Plaza website, and reach out to us at Reverse@plazahomemortgage.com. Let’s explore adding this strategy as another option for your borrowers and your business.


Viewed 389 times   |     Print