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financial assessment guidelines

The Angst of Caring

Shannon Hicks
[vimeo id=”133096294″ width=”625″ height=”352″] Loan Officers Torn Between Borrower Need & Product Restrictions After reconnecting with a friend who had reentered the reverse mortgage space after a year and a half absence I told my wife “you know what I love about the folks I work with? They are mission-driven”.

The HELOC to HECM Dilemma

Shannon Hicks
With the recent release of HUD’s Financial Assessment guidelines our focus was primarily centered on the new requirements future borrowers will have to walk through to qualify for a federally-insured reverse mortgage or Home Equity Conversion Mortgage...

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