Thinking of Applying for a Reverse Mortgage? You need Reverse Mortgage Counseling

If you are seriously considering applying for a reverse mortgage, you should get some formal reverse mortgage counseling. There are questions of eligibility. For example, are you and all other owners of your home at least 62 years old? Does each owner live in the home at least six months out of the year? Is the home a single family residence, duplex, triplex, 4-unit residence, a condominium, or a planned unit development. Reverse mortgage counseling will help assess your eligibility.

A reverse mortgage counseling session should also address the critical question of whether or not you will get enough money. That is, would a reverse mortgage give you the amount of money you need? Additionally, if you owe any money on a debt against your home, you would have to pay off the full amount you owe in order to get a reverse mortgage. A good counselor will help you to find out how much you could get. Rubin & Licatesi, P.C. specializes in reverse mortgages and utilizes government programs to benefit senior homeowners and can offer you the reverse mortgage counseling you need.

We serve as counsels to lenders, brokers and clients involved in construction, financing and the closing of real estate parcels and buildings, and Rubin & Licatesi, P.C. is an approved residential settlement agent for the majority of lending institutions in the tri-state area. The firm is approved to act as closing attorneys for numerous lenders which enables the firm to close residential, mixed-use, commercial, condominium, co-op, F.H.A. and V.A. real estate transactions

Please complete our form and a representative of the firm will contact you to discuss your concerns in more detail. You can also contact us by phone at (516) 227-2662 or by e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .