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What documents will you need to apply for a Reverse Mortgage

(HECM Loans)?

"As a trusted lender specializing in US Government-insured reverse mortgages, we want to provide you with a clear understanding of the documentation required during the application process. We will outline the essential documents you will need to provide when applying for a Home Equity Conversion Mortgage (HECM) reverse mortgage. Our goal is to simplify the documentation process for you."


Essential Documentation for US Government-Insured Reverse Mortgages (HECM)

Identification Documents: To establish your identity, you will need to provide valid identification documents, such as:

  • Driver's license or state-issued identification card

  • Passport or permanent resident card

  • Social Security card


Proof of Age and Homeownership: To verify your eligibility for a reverse mortgage, you will need to provide:

  • Birth certificate or other official document indicating your age

  • Mortgage statement or property deed showing your ownership of the home

Financial and Income Verification: To assess your financial situation and determine your eligibility, you will need to provide:

  • Bank statements showing your savings and checking account balances

  • Documentation of other assets, such as investments or retirement accounts

  • Proof of income, such as Social Security statements, pension statements, or tax returns

  • Reverse Mortgage Counseling Certificate: Completion of a reverse mortgage counseling session with a HUD-approved counselor is a mandatory step. You will need to provide the certificate of completion obtained after counseling.

  • Home Appraisal Report: As part of the process, an appraisal of your home will be conducted to determine its current market value. The lender will arrange this appraisal, and you will need to provide access to the property.

  • Homeowners Insurance and Property Tax Information: You will need to provide documentation related to your homeowners insurance policy, including the policy declaration page. Additionally, you will need to provide information regarding property taxes, including any outstanding payments or exemptions.


Conclusion: To successfully apply for a US Government-insured reverse mortgage (HECM), you will need to gather and provide specific documentation. These include identification documents, proof of age and homeownership, financial and income verification, a reverse mortgage counseling certificate, a home appraisal report, and documentation related to homeowners insurance and property taxes. As your trusted lender, we are here to guide you through the process and help you gather the necessary documentation. Please feel free to reach out to our team for any assistance or clarification you may need.

It's easier than you think to get a quote for a reverse mortgage and there is no obligation whatsoever. A great place to start however is to Click here now to get your FREE Book and learn everything you need to know about the process written in plain and simple common sense language.


Christopher Trapani

NMLS | 240870

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Work with a local Certified Fire Your Landlord® Reverse Mortgage Expert. They are specially trained to help retirees achieve the dream of a worry-free retirement by leveraging the equity in their homes.

Provide for your Heirs | Retire Elegantly | Pay off Debt

Here's how we can work together to get you on the road to a happy and worry-free retirement with the equity you built with your hard work over a lifetime.

STEP 1

Contact us for a Quote.

It's SUPER EASY.

Contact us for a quote, it's super easy, there is no obligation and it takes less than 3 Minutes. Do it now.

STEP 2

Schedule a FREE one-on-one Consultation.

Learn exactly how much you qualify for, how much you'll get each month, for how long, and how soon you can get approved.

STEP 3

Learn the Facts from Myths in our new video series.

With so much disinformation on the web about reverse mortgages we created a definitive video series that clears things up.

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Christopher Trapani


NMLS | 240870

(310) 350-2546

8577 Haven Avenue, Suite 201

Rancho Cucamonga, CA, 91730

Equal Opportunity Lender

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Christopher Trapani,
Chris The Mortgage Pro

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2024 Options Pro Marketing, Fire Your Landlord®, and EZ Fundings All Rights Reserved.

Please Click Here to access main realtor or lender website or refer to www.nmlsconsumeraccess.org to see where EZ Fundings is a licensed lender and servicer.

Reverse mortgages have become a popular financial tool for homeowners ages 62 and older who are seeking a consumer loan. A reverse mortgage loan allows senior homeowners to access the equity they’ve built up in their home over the years. Unlike traditional “forward” mortgages, reverse mortgages do not require monthly mortgage payments. Homeowners will still be responsible for insurance, property taxes, and maintenance; however, loan repayment is deferred until the homeowner no longer lives in the home. Since monthly mortgage payments are not required, seniors typically use their reverse mortgage funds as income tax-free cash. Homeowners who want to qualify for a reverse mortgage must be at least 62 years old and have equity available in their home. Reverse mortgages work by allowing homeowners to convert a portion of their homes equity into cash, based on the total equity available in the home. Loan proceeds can be received in the form of a line of credit, monthly payments, a lump sum, or any combination of these options. Several factors affect the loan amount which you may qualify for including your home’s value, your age, and certain property requirements set by the Federal Housing Administration (FHA).

Options Pro Marketing and its associated brands (Fire Your Landlord®) are marketing entities that partner with lenders and are not lenders themselves. All lending questions should be directed to our partner lenders ( Christopher Trapani of EZ Fundings). A pre-approval does not constitute a loan commitment or guarantee of a loan. Pre-approval is subject to a satisfactory appraisal, satisfactory title search, and no meaningful change to borrower's financial condition.
This is not an offer for extension of credit or commitment to lend. All loans must satisfy company underwriting guidelines. Not all applicants qualify. Information and pricing are subject to change at any time and without notice. The content in this advertisement is for informational purposes only. Products not available in all areas. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580. EZ Fundings is an Equal Housing Lender.

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