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  • Tag Archives: HECM loan expectancy set aside

    How to Avoid a Reverse Mortgage LESA...

    The implementation of the Financial Assessment in reverse mortgages has forced many reverse mortgage lenders to impose a Reverse Mortgage LESA for seniors that do not meet the requirements or fail one or more of the 3 Financial Assessment tests.  For many seniors, the imposition of a Reverse Mortgage LESA can literally be the difference maker […]

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