North Carolina Reverse Mortgage Lenders
The General Assembly enacted the Reverse Mortgage Act in 1991 (General Statute 53-255 et.seq.) for the purpose of making reverse mortgages a useful financial tool for elderly homeowners. With the exception of banks, savings institutions, credit unions and the North Carolina Housing Finance Agency, the Act requires that the Commissioner of Banks approve any lender which makes reverse mortgage loans in this State. Lenders such as banks which are exempt from the Act must, however, notify the Commissioner of Banks of their intent to make reverse mortgage loans in North Carolina.
Next Generation Financial Services, a division of 1st Mariner Bank is listed on the Current listing of NC Reverse Mortgage Lenders.
Visit the North Carolina Reverse Mortgage page, to find a loan officer or specialist to assist you with your Reverse Mortgage Leads
