{"id":11,"date":"2018-02-06T15:18:15","date_gmt":"2018-02-06T15:18:15","guid":{"rendered":"http:\/\/gpswp.com\/safunding2\/?page_id=11"},"modified":"2020-05-29T15:00:04","modified_gmt":"2020-05-29T15:00:04","slug":"history-reverse-mortgages","status":"publish","type":"page","link":"https:\/\/gpswp.com\/safunding2\/all-about-reverse-mortgages\/history-reverse-mortgages\/","title":{"rendered":"A History of Reverse Mortgage Loans"},"content":{"rendered":"
As with most government-regulated programs, the HECM is regularly reviewed and altered. New proposed regulations could mean the amount you qualify for may vary in the future from today. Contact one of our Specialists<\/a> now to learn how a Reverse Mortgage can best serve you!<\/strong><\/p>\n *Borrowers must maintain home as principal residence, pay all taxes, insurance, maintain the home, and comply with all other loan terms. Failure to do so may result in foreclosure.<\/b><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" 1961: The reverse mortgage has evolved dramatically over the last 40 years. In 1961, Nelson Haynes (of Deering Savings & Loan, Portland, ME) originated the very first reverse mortgage loan to Nellie Young, the widow of his high school football coach to help her to stay in her home despite the loss of her husband’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":9,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"yoast_head":"\n