HECMYou’re probably already making reverse mortgage (Home Equity Conversion Mortgage – HECM) loans or are seriously thinking about tapping this huge market.  You should know that FHA regulations require an appraisal from a qualified professional.  At L.V.O. Appraisals, we want to be your reverse mortgage partner.

We are on the FHA appraiser roster, but that’s only the beginning.  When you make a reverse mortgage loan, you do it with the intention of the home selling after a number of years to repay the loan balance.  That means it’s more important than ever that the appraiser you work with have a keen eye for defects and issues that really matter. 

But even more important than a thorough, professional inspection in reverse mortgage lending is good people skills.  Seniors seeking reverse mortgage loans want to trust the people they’re working with on this very important transaction.  An unprofessional demeanor on the part of the wrong appraiser can scare your borrower off the transaction entirely.

At L.V.O. Appraisals, we treat you, your money, and especially your customers with professionalism and care.  For reverse mortgages, don’t just spin that rolodex.  Work with an appraisal firm you and your borrowers can trust.

Please contact us to learn more about how we can work together.

 

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