Norcom Mortgage

How to close an FHA-backed reverse mortgage 

Reverse mortgages are somewhat complicated loans designed for older borrowers, and this means that originating them requires a special touch – one that John Luddy has down pat. Known to many in the reverse space for his clever tips for connecting with senior borrowers, Luddy sat down with ReverseReview to share three of his most common roadblocks to closing a HECM and ideas on how to overcome them.