Benefits of New Reverse Mortgage Law - Z Reverse Mortgage
In august 2015, Governor Bruce Rauner signed the Reverse Mortgage Act. It codifies a list of consumer protection, a “cooling-off” period in which enacting a three –day period post – loan where a borrower can cancel the loan with no obligation if they so choose.
In august 2015, Governor Bruce Rauner signed the Reverse Mortgage Act. It codifies a list of consumer protection, a “cooling-off” period in which enacting a three –day period post – loan where a borrower can cancel the loan with no obligation if they so choose.
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<strong>Benefits</strong> <strong>of</strong> <strong>New</strong> <strong>Reverse</strong> <strong>Mortgage</strong> <strong>Law</strong><br />
In august 2015, Governor Bruce Rauner signed the <strong>Reverse</strong><br />
<strong>Mortgage</strong> Act. It codifies a list <strong>of</strong> consumer protection, a<br />
“cooling-<strong>of</strong>f” period in which enacting a three –day period<br />
post – loan where a borrower can cancel the loan with no<br />
obligation if they so choose.
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