WSJ: Forward Lenders Finding New Ways for Seniors to Qualify

WSJ: Forward Lenders Finding New Ways for Seniors to Qualify

For an industry that often tries to communicate the benefits of either a Home Equity Conversion Mortgage (HECM) or a proprietary reverse mortgage offering to American seniors, it may be surprising to learn that there is still a segment of older people – some of whom are quite advanced in age – that are entering into new traditional, 30-year mortgages.