Reverse Mortgage Process

• Call our reverse mortgage analyst (RMA) to discuss the program and
k request a free analysis.
• Set appointment for a free HUD counseling session.
• RMA prepares necessary paperwork after counseling.
• RMA will order appraisal and termite inspection.
• RMA submits loan package to the underwriter.
• RMA satisfies any conditions, if applicable.
• RMA sets closing date.
• Closing completed.
• Three day "right of recision".
• Funds are disbursed and documents are recorded.

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Rhode Island Licensed Lender #89000424LL
Rhode Island Licensed Broker #90000425LB
Massachusetts Licensed Broker #MB1270
Connecticut Licensed Broker #0007680