Finance of America Reverse LLC Mortgage Complaint

Finance of America Reverse LLC Mortgage department,

Reverse mortgage Application, originator, mortgage broker Texas

I applied for a reverse mortgage and everthing was going fine until my appraisal came in lower than expected. Immediately my income became a issue and I was asked if I received any other income other than -. I was then told that my income did not transfer over correctly and that my Student loans and car payment was to much to pay my taxes and insurance. I submitted the correct figures but was still denied because of income. My denial stated that I withdrew and when questioned, I was told that is the procedure when loan do n't qualify.