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Seniors interested in a reverse mortgage should take note of these changes

Posted at 12:05 PM, Feb 10, 2015
and last updated 2015-02-10 12:05:42-05

RICHMOND, Va - Brad Friedman, Reverse Director for ReverseMortgage.Pro, returned to the studio with some important information for seniors about changes relating to a reverse mortgage. The FHA announced changes effective March 2nd, 2015 that will require credit and income criteria to be met. These changes could affect the average senior homeowner considering a reverse mortgage. ReverseMortgage.Pro works to educate seniors about their financial options so they are able to make an informed decision. For more information call 804-977-0059 or visit www.ReverseMortgage.Pro.

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