Have you had a low home appraisal that caused a denial of a HECM reverse mortgage or denial on other types of reverse mortgages due to a low appraised value?
As of late 2021 there is now a hybrid reverse mortgage loan that may be a solution for this issue.
I have made a video on how the hybrid reverse mortgage works complete with an example and an amortization table to give you an idea if this loan may be an option for you or anyone you know who has recently experience their reverse mortgage being denied due to a low home appraisal.
The hybrid reverse mortgage has unique underwriting guidelines that differ from other reverse mortgages, so it's important to watch the video.
Feel free to leave a scenario is the comment box below the video, or go to my home page on this site and go to the upper right and click the "contact me" button and fill in your questions or scenario and I will get back to you as soon as possible.