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  Waterstone Reverse Mortgage
Waterstone Reverse Mortgage
in Reverse Mortgages from Waterstone Mortgage · NMLS ID #186434
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Waterstone Reverse Mortgage

Unaffiliated
in Reverse Mortgages from Waterstone Mortgage · NMLS ID #186434
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Waterstone Reverse Mortgage Review

Waterstone Reverse Mortgage is offered by Waterstone Mortgage (NMLS #186434), founded in 2000 and based in Pewaukee, WI. Waterstone Reverse Mortgage is available in 43 states across the USA.

Waterstone Reverse Mortgage FAQ

What types of reverse mortgages does Waterstone Reverse Mortgage offer?

Waterstone 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.

What fees does Waterstone Reverse Mortgage charge for a reverse mortgage?

Waterstone Reverse Mortgage may charge a loan origination fee.

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

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

 

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Other Services by Waterstone Mortgage

Availability

  Available in 42 states and Washington, D.C.
  • Alabama
  • Arizona
  • California
  • Colorado
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use Primary Home
Minimum Age 62
Reverse Mortgage Options
  • Standard
  • HECM for Home Purchase
Reverse Mortgage Payment Options
  • Line Of Credit
  • Lump sum
  • Monthly disbursement

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