Reverse Mortgage Titles


A Title search and Title Insurance are required on each Reverse Mortgage. There are some distinct differences with title between a Reverse Mortgage and a forward mortgage. Some of the unique title qualities are contained in the following list:

  • Title Insurance must be for the maximum claim amount
  • Two Liens are created for ARM loans
  • Only one lien is created for fixed rate loans
  • For ARM title issuance, each ARM lien will be for 150% of the maximum claim amount
  • The 2nd lien to HUD allows HUD to step in and continue making payments if needed