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Elaine Gilligan headshot

Elaine Gilligan

Senior Loan Officer
Movement Mortgage
NMLS ID # 17786

Mortgage Sense

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August 28, 2024

Reverse Mortgages: A closer look at non-recourse protection

Of all the consumer protections built into reverse mortgage guidelines, there may not be a greater safeguard than the non-recourse clause. This is a rare feature in the world of finance but is a requirement of every reverse mortgage in America. It...

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Elaine Gilligan headshot
Elaine Gilligan
Senior Loan Officer
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99 Rosewood Dr, Ste 270, Danvers, MA 01923
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NMLS # 17786

State License #MA-MLO17786, ME, NH