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Updated over 7 years ago on .

User Stats

73
Posts
24
Votes
Matt Inouye
  • Investor
  • Irvine, CA
24
Votes |
73
Posts

Can I originate a reverse mortgage?

Matt Inouye
  • Investor
  • Irvine, CA
Posted
Hello BP I know there are rules pertaining to originating notes (quantity/frequency) with Dodd-Frank. I was wondering if there were similar rules to being able to originate a reverse mortgage. if the answer is “yes” what resources are available to an individual to make sure I stay compliant. I know the big one is being 62... does this apply if the lender is a private party and not an institution. Thanks for the help! Aloha Matt
  • Matt Inouye