Description: Bank of England Mortgage is a division of Bank of England. NMLS 418481. Bank of England Mortgage is not affiliated with any government agency. Member FDIC.
reverse mortgage (229) jim emery boe reverse mortgages
If you are 62 years or older, have equity in your home, and are looking for a way to enhance your current or future retirement, the answer may be yes.
Additional requirements include that one occupy the property as their primary residence, pay all required property taxes, insurance and any required home owner association dues as well as maintain the property to HUD standards.
All titleholders must be 62 or older and own the home as their primary residence. The home must meet Federal Housing Authority (FHA) minimum property standards. You must have sufficient home equity. A BOE Reverse Loan Specialist can tell you if you have enough home equity to qualify.