Site: nolo.com
... But federal law limits the amount you can borrow in the first year of the loan, which restricts the amount ... These laws generally prohibit the lender or broker from misrepresenting material facts or making false ... Talk to a real estate lawyer or a foreclosure lawyer to learn if your state has any laws covering reverse ... While federal law requires that borrowers talk to a loan counselor before taking out a HECM, not all ... Because reverse mortgages are very complex and have serious consequences, consider talking to an elder law ...