Reverse Mortgage loan officers and borrowers are looking for the same thing — a closing attorney who knows how the reverse mortgage works, can clear title issues, and knows the closing documents and requirements for a reverse mortgage closing.
- We travel to the borrower’s home for the signing to make it as convenient as possible for the borrower.
- If someone asks what a “Net Principal Limit” is at the closing table, we can answer that question — and more.
- Selecting “Reverse Mortgage” on our online GFE calculator provides accurate title fees, intangible tax and recording fee amounts.
- As a borrower, you can shop and choose your closing attorney. Simply compare our fees to your GFE and see if we can lower your costs
- As a loan officer, you want to make sure the attorney knows how reverse mortgages work so your borrower is not confused at the closing table.