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Eric Formiller Headshot

Eric Formiller

Loan Officer
Movement Mortgage
NMLS ID # 485383

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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Eric Formiller Headshot
Eric Formiller
Loan Officer
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI485383