Q:

How do you find reverse mortgage lenders?

A:

Quick Answer

To find reverse mortgage lenders, the U.S. Department of Housing and Urban Development offers an FHA-approved reverse mortgage lender search. There are also third party searchers, such as the National Reverse Mortgage Lenders Association, that offer lender locators on their websites, according to the National Reverse Mortgage Lenders Association.

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Full Answer

The U.S. Department of Housing and Urban Development aids in searching for appropriate lenders in a specific area. As it is part of the government, it is a trusted source to find accurate information and reliable lenders. It offers a search service that has different criteria to be as inclusive as possible for users. Information that may be needed to find a lender includes subject areas like city, state, area approved for business, insurance type and service-originator type, reports the U.S. Department of Housing and Urban Development.

Another way to find lenders is to go on a third party website like the National Reverse Mortgage Lenders Association and use the searches that are available on the site. The search function separates the lenders by states. The user can then view all lenders available in the state. Each listing comes with a toll-free and local number, a contact name and the website where the company can be found.

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