Financial assessment | Reverse Mortgage Glossary
Financial assessment
Lender review of your ability to pay property taxes, insurance, and maintenance.
Plain English
Lender review of your ability to pay property taxes, insurance, and maintenance.
Everyday analogy
Think of this as one piece of a loan puzzle. See our complete glossary or what is a reverse mortgage guide for context.
When this is NOT a good fit
Understanding terms does not mean a reverse mortgage is right for you. Review our eligibility and foreclosure guides before deciding.