Posted on: 28th Nov, 2007 08:36 am
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Is ICICI bank starting reverse mortgage scheme for senior citizen? If so when?
Bakshi
Is ICICI bank starting reverse mortgage scheme for senior citizen? If so when?
Bakshi
Hello Bakshi,
I am not aware of that institution. There are may banks that now offer reverse mortgage programs and they all have fine print and are not the same. The one that seems to be most popular is the HECM program offered through HUD.
Hope that helps
Tony Golden
I am not aware of that institution. There are may banks that now offer reverse mortgage programs and they all have fine print and are not the same. The one that seems to be most popular is the HECM program offered through HUD.
Hope that helps
Tony Golden
Hello JS Bakshi,
ICICI is India's second largest bank. You should contact that bank to find out whether or not they are offering reverse Mortgage now. They also operate in the USA.
Jean
Loan Officer
ICICI is India's second largest bank. You should contact that bank to find out whether or not they are offering reverse Mortgage now. They also operate in the USA.
Jean
Loan Officer
Hello Bakshi,
ICICI is planning to launch the reverse mortgage program for the senior citizens but the exact time has not been declared.
ICICI is planning to launch the reverse mortgage program for the senior citizens but the exact time has not been declared.
Any further development on launching of reverse mortgage scheme by ICICIBank
No, they have postponed it for the time being.