Live Well Financial Reverse Mortgage
in Reverse Mortgages from Live Well Financial, IncUnaffiliated
|Origination Fee ($)||N/A|
Live Well Financial Reverse Mortgage Review
Live Well Financial Reverse Mortgage is offered by Live Well Financial, Inc, founded in 2005 and based in Richmond, VA. Live Well Financial Reverse Mortgage is available in 50 states (and Washington, DC).
What types of reverse mortgages does Live Well Financial Reverse Mortgage offer?
Live Well Financial 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.
A line of credit. This is a more flexible option that allows borrowers to only borrow (and pay interest) on the amount they withdraw from their line of credit. In the case of reverse mortgages, the amount of cash available in your line of credit increases as time goes by.
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 Live Well Financial Reverse Mortgage charge for a reverse mortgage?
Live Well Financial Reverse Mortgage may charge a loan origination fee.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
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