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Note: This page was updated in January 2019 and to include the latest information on FHA appraisal guidelines and requirements for 2019. If you use an FHA loan to buy a house, the property will have to be appraised and inspected by a HUD-approved home appraiser.
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Most reverse mortgages have variable rates, which are tied to a financial index and change with the market. variable rate loans tend to give you more options on how you get your money through the reverse mortgage. Some reverse mortgages – mostly HECMs – offer fixed rates, but they tend to require you to take your loan as a lump sum at closing.
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Orlando, FL – June 2, 2016 – Orlando Mayor Buddy Dyer is pleased to announce the selection of Ana L. Cruz as the new Coordinator of the City of Orlando’s HOLA (Hispanic Office for Local Assistance) following the announcement of Alicia Ramirez’s retirement after 15 years with the City of Orlando.