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Reverse Mortgage Frequently Asked Questions

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Curious to know if you're elegible for a Reverse Mortgage?

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Penny Lane Financial, LLC dba Penny Lane Reverse

NMLS #1905686 WA State, NMLS #1034711 AZ State

NMLS Consumer Access - click here

EQUAL HOUSING LENDER

This communication is not an offer to lend or an advertisement for credit as defined by the Truth in Lending Act (TILA). The information provided in this email and on our website is for informational purposes only and should not be considered as financial advice.

A Reverse Mortgage is a complex financial product, and its availability and terms may vary based on your location, age, home value, and other factors. It is essential to consult with a qualified financial advisor and/or a Reverse Mortgage specialist to determine if a Reverse Mortgage is suitable for your specific financial situation.

The content of this email and our website is subject to change without notice, and Penny Lane Financial, LLC dba Penny Lane Reverse does not guarantee the accuracy, completeness, or suitability of the information provided. We recommend that you verify all information before making any financial decisions.

Borrowers should be aware that a Reverse Mortgage will accrue interest and that the loan balance may increase over time. The loan must be repaid when the last borrower no longer occupies the home as their primary residence or fails to meet other obligations of the loan.

If you decide to proceed with a Reverse Mortgage application, you will be required to complete a counseling session with an independent HUD-approved counselor. This counseling session aims to ensure that you fully understand the terms and consequences of a Reverse Mortgage.

Penny Lane Financial, LLC dba Penny Lane Reverse is not affiliated with any government agency. We are a private company offering Reverse Mortgage services. This email and our website are not endorsed or sponsored by any government agency.

By using this website or providing your contact information, you consent to receive communications from Penny Lane Reverse email or other means. We will use your information solely for the purpose of responding to your inquiries or providing you with relevant information about Reverse Mortgages.

For further information about our privacy practices, please review our Privacy Policy on our website.

Disclosures and Privacy Policy - click here

© 2023 by Penny Lane Financial, LLC DBA Penny Lane Reverse

Penny Lane Reverse

Penny Lane Financial, LLC dba Penny Lane Reverse

NMLS #1905686 WA State, NMLS #1034711 AZ State

​Licensed in Washington, Arizona, and California.

NMLS Consumer Access - click here

EQUAL HOUSING LENDER

This communication is not an offer to lend or an advertisement for credit as defined by the Truth in Lending Act (TILA). The information provided in this email and on our website is for informational purposes only and should not be considered as financial advice.

A Reverse Mortgage is a complex financial product, and its availability and terms may vary based on your location, age, home value, and other factors. It is essential to consult with a qualified financial advisor and/or a Reverse Mortgage specialist to determine if a Reverse Mortgage is suitable for your specific financial situation.

The content of this email and our website is subject to change without notice, and Penny Lane Financial, LLC dba Penny Lane Reverse does not guarantee the accuracy, completeness, or suitability of the information provided. We recommend that you verify all information before making any financial decisions.

Borrowers should be aware that a Reverse Mortgage will accrue interest and that the loan balance may increase over time. The loan must be repaid when the last borrower no longer occupies the home as their primary residence or fails to meet other obligations of the loan.

If you decide to proceed with a Reverse Mortgage application, you will be required to complete a counseling session with an independent HUD-approved counselor. This counseling session aims to ensure that you fully understand the terms and consequences of a Reverse Mortgage.

Penny Lane Financial, LLC dba Penny Lane Reverse is not affiliated with any government agency. We are a private company offering Reverse Mortgage services. This email and our website are not endorsed or sponsored by any government agency.

By using this website or providing your contact information, you consent to receive communications from Penny Lane Reverse email or other means. We will use your information solely for the purpose of responding to your inquiries or providing you with relevant information about Reverse Mortgages.

For further information about our privacy practices, please review our Privacy Policy on our website.

Disclosures and Privacy Policy - click here

© 2024 by Penny Lane Financial, LLC DBA Penny Lane Reverse

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