Massachusetts authorities have announced a new resource for seniors that are considering to apply for a reverse mortgage. The Massachusetts Office of Consumer Affairs and Business Regulation has released online information regarding reverse mortgages.
Reverse Mortgage Loans: What Borrowers Need to Know
They have provided information on what a reverse mortgage is, as well as additional information that can come in handy when deciding how to approach a reverse mortgage. You can find information on the following topics:
- What is a Reverse Mortgage Loan?
- Points to Remember about Reverse Mortgages
- Approved Reverse Mortgage Lenders and Loan Programs
- Industry Guidance on Reverse Mortgage Loans
- Other Helpful Resources
Find out what your rights are, and what is involved with a reverse mortgage. Get more information about reverse mortgages from the Office of Consumer Affairs and Business Regulation.
Tags: Massachusetts reverse mortgage