As of January 1st, 2016, a new Illinois reverse mortgage law has gone into effect. It governs how these Home Equity Conversion Mortgages (HECMs) are handled in this state, and coincides, in part with the recent federal update to the national reverse mortgage rules. Here’s the scoop. In August of 2015, Illinois Governor Bruce Rauner …
The post Everything You Need To Know About The New Illinois Reverse Mortgage Law appeared first on Now It Counts.
From Hobbies For Seniors, post Everything You Need To Know About The New Illinois Reverse Mortgage Law
Post Footer automatically generated by wp-posturl plugin for wordpress.