Giraffe Lending
in California, United StatesCategory: Reverse Mortgage
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Address details
10727 White Oak Avenue Suite 121 Granada Hills, CA 91344 Print route »
8667236466
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Be sure to keep up with the upkeep of your home.Keeping your house in good condition is essential if you have a reverse mortgage. That means you have to fix the issues as specified by your lender. It should be relatively easy to secure a reverse mortgage if you’ve been keeping up with your home’s maintenance. However, you may need to upgrade your home significantly to get a reverse mortgage.
That home of yours better is your primary dwelling.
To keep your reverse mortgage in good standing, you must certify annually in writing that you used the home in question as your primary residence. If you plan to split your time between two locations during the year, you can only qualify for a reverse mortgage on the primary home.
