Yes, reverse mortgages are insured by the Federal Housing Administration. However FHA doesn’t lend the funds individual banks such as ours do that. Bank of England Mortgage is approved by the FHA to originate Reverse mortgages. Call us to receive free no-obligation information at 865-429-2797.
Debbie Scarantino with Bank of England Mortgage Tennessee is a credit counselor. If you have further questions about how you might secure a home loan please feel free to use this form to ask your questions and we will be happy to get back in touch with you.