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HECM Financial Assessment & Property Charge Guide

Description:

The mortgagee must evaluate the mortgagor’s willingness and capacity to timely meet his or her financial obligations and comply with the mortgage requirements, and determine if the HECM will represent a sustainable solution to the mortgagor’s financial circumstances.

Document type:

  • Chart/Checklist

Agency:

Reverse Mortgage / HECM

Download:

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