All Western Reverse Mortgage Review

All Western Reverse Mortgage is offered by All Western Mortgage (NMLS #14210), a direct lender founded in 1981 and based in Las Vegas, NV. All Western Reverse Mortgage is available in 11 states across the USA.

What types of reverse mortgages does All Western Reverse Mortgage offer?

All Western Reverse Mortgage allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What fees does All Western Reverse Mortgage charge for a reverse mortgage?

All Western Reverse Mortgage may charge a loan origination fee.

What types of property can you use as security for a reverse mortgage with All Western Reverse Mortgage?

Lenders often have restrictions on the type of properties they will accept as security for a reverse mortgage. All Western Reverse Mortgage will consider lines of credit secured by the following property types:

• Primary home