Posted by Carlos/CA on 4/1/12 2:30pm
Msg #416779

Reverse Mortgage

Is there a rescision period on a Reverse Mortgage?

Reply by Lee/AR on 4/1/12 2:38pm
Msg #416780

Yes...unless it's also a rare Purchase, too. n/m

Reply by ReneeK_MI on 4/2/12 5:35am
Msg #416799

Also, no RTC for streamline refi ...

You can refinance a R/M just like any other & same RTC rules apply: if the refi is with the same lender and the loan limit is not increased, but only the rate is changed (lowered), there wouldn't need to be a RTC.