America's Choice Reverse Mortgage

America's Choice Reverse Mortgage Review

America's Choice Reverse Mortgage is offered by America's Choice Home Loans (NMLS #111842), a direct lender founded in 1998 and based in Houston, TX. America's Choice Reverse Mortgage are available in 3 states across the USA.

America's Choice Reverse Mortgage FAQ

What types of reverse mortgages does America's Choice Reverse Mortgage offer?

America's Choice 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 America's Choice Reverse Mortgage charge for a reverse mortgage?

America's Choice Reverse Mortgage may charge a loan origination fee.

What types of property can you use as security for a reverse mortgage with America's Choice Reverse Mortgage?

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

• Primary home