YES! FHA guarantees that the borrower can never owe more than the home is worth at the time it is sold. This is a non-recourse loan! This is one of the most powerful aspects of a reverse mortgage. FHA Guarantees that neither the borrower nor the heirs will owe more than the home is worth […]
Licensed by the Department of Corporations under the California Residential Mortgage Lending Act
California zip codes served: 93940, 93901, 93905, 93908, 93921, 93933, 93943, 93950, 93953, 93955, and 93962
California zip codes served: 93940, 93901, 93905, 93908, 93921, 93933, 93943, 93950, 93953, 93955, and 93962
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