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Reverse mortgage LOs share appraisal challenges at NRMLA event

Reverse mortgage originators often remain a key point of contact for their clients from initial consultation to long after the loan closes. But getting to the closing table can come with its own set of unique challenges, whether it comes from rules that govern the Home Equity Conversion Mortgage (HECM) program or the potential bias of an appraiser.

This message was shared by a panel of reverse mortgage originators who met last month at the National Reverse Mortgage Lenders Association (NRMLA)’s Western Regional Meeting in Irvine, California.

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