How Does Credit Score Affect Reverse Mortgage Rates?

How Does Credit Score Affect Reverse Mortgage Rates? In this episode of Ask The Hammer, Jeffrey Levine of Buckingham discusses the rates on reverse mortgages and how they are affected by credit score. He explains that while credit score is not a factor for federally backed reverse mortgages, it may be considered for private reverse mortgages. He also discusses the differences between FHA and private reverse mortgages, such as the dollar limits and the regulatory requirements. Watch more episodes of Ask The Hammer at this link: https://www.finstream.tv/videos/ask-the-hammer/