Louisiana Reverse Mortgage Lenders
Louisiana had rank near the lower end when it came to reverse mortgages. Most people in the state simply did not know about reverse mortgages. Recently, more people in areas such as Baton Rouge and New Orleans have started to reverse the trend. A reverse mortgage has many benefits such as possibly preventing foreclosure if they have built up enough equity. A reverse mortgage can allow a senior who wishes to stay in their home and retain ownership to tap into their equity without having to qualify based on income or credit. Seniors do need to realize they need to be current on their property taxes and insurance or may risk losing their home.Reverse Mortgage Quick Facts
Seniors looking to qualify for a Louisiana reverse mortgage will be glad to hear that credit scores and income are currently not used when applying for a reverse mortgage. The government has had talks with changing that as soon as late 2012.- Property in LA must be the primary residence
- Youngest borrower must be 62 years or older
- Senior must complete a HUD approved reverse mortgage/HECM course.
Reverse Mortgage Lenders in LA
Reverse Mortgage Lenders | |
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Connect with a Reverse Mortgage LenderWe can help select a lender specific for you.Don't stress about figuring out which lender to contact. We've helped thousands of folks connect to a lender. We can automatically select a licensed Louisiana lender based on your situtation.
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Reverse Mortgage SolutionsLouisiana
Talk to a reverse mortgage advisor today: (800)988-2830
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Urban Financial GroupLouisiana
urbanfinancialgroup.com
Owned by Knight Capital Group, Urban Financial is one of the largest reverse mortgage lenders in Louisiana.
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Security 1 LendingLouisiana
One of the most well known national reverse mortgage lender in Louisiana. They provide top-notch quality service.
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Bank of New OrleansSue Vrbaskovich
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GMFS, LLCToby Arceneaux
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Gulf Coast Bank & TrustSue Milligan
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IBERIABANK Mortgage CompanyAndy Perotti
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Reverse Mortgage Solutions, Inc.R. J. Johnson
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National Reverse Mortgage LenderGreat rates and low fees from a licensed reverse mortgage lender in your state.
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