The nature of the reverse mortgage lending process, which involves a significant amount of paperwork and approvals, makes it difficult to pinpoint exactly how long your approval will take. However, we can assure you that we’ll be in touch if there’s anything we need from you to speed things up.
Here are the steps your application must take:
- Initial Application
- Appraisal
- Inspection
- Underwriting
- Closing
We understand your concern about the time required to determine the best option for you to receive the benefits of a reverse mortgage, however, financial security, independence and peace of mind are well worth waiting for.
If you have specific questions about your application, please don’t hesitate to contact your
Oceanside Mortgage Company Reverse Mortgage Specialist.