If this isn’t what you are looking for, you can continue to Search Results for "" The maximum number. fixed and step rate mortgage loans, and has a non-zero updated weighted average FICO score of.

In 2008, Congress authorized the HECM for Purchase program, under which seniors can buy a house and take out a HECM reverse mortgage at the same time. With this program, the qualification requirements associated with forward mortgages are avoided, and only one set of settlement costs is incurred.