How to Increase Your Reverse Mortgage Appraised Value

One of the primary contributing factors that determines how much money you can receive through a reverse mortgage is the appraised value of your home. After you complete your application, your loan will enter the processing phase. During this phase, the mortgage company will complete numerous tasks that will prepare for your loan to be reviewed by an underwriter. One of these tasks is ordering and receiving the report that determines the estimated value of your home, otherwise known as the appraisal.   Not only does the appraiser…

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