The Reverse Mortgage Application Process in Arizona
Applying for a reverse mortgage in Arizona involves counseling, financial assessment, appraisal, and closing. No monthly payments, but taxes and insurance must be paid.
In 2025, the process takes 30-60 days. This guide covers steps, documents, and timelines.
Step-by-Step Application Process
Step 1: Counseling
Attend HUD-approved session.
- • Understand options
- • Certificate issued
Step 2: Application
Submit financials and home info.
- • Credit check
- • Financial assessment
Step 3: Appraisal & Closing
Appraise home and close.
- • Home value determination
- • Funds available
Start Your Application
Contact us at 480-330-1724 or [email protected] for guidance.