Congratulations—you made it! You’ve completed the application, appraisal, underwriting, credit checks, and document reviews. After weeks of back-and-forth, you’ve successfully closed on your reverse mortgage. Now what?

Having walked over 3,000 clients through this journey over the last 25+ years, I want to prepare you for what happens next. Here are three things you should expect now that your reverse mortgage has closed:

1. Loan Review and Disbursement

Once you sign the final documents, your loan goes through one more review. The lender double-checks every signature and date—if anything’s missing, they’ll reach out to fix it.
After that, funds are released. If you had a mortgage or home equity loan to pay off, that happens first. Any requested cash at closing is disbursed, and HUD is officially notified so the loan can be insured.

2. Your Welcome Package

About a week later, you’ll receive a Welcome Package from your loan servicer—usually by email (or regular mail if you didn’t provide an email address).
It includes your account details, how to request funds, and contact info for customer service. Prefer a hard copy? Just call my office and we’ll make sure you get one.

3. Watch for Junk Mail and Nuisance Calls

All recorded mortgages—reverse or otherwise—become public record. Unfortunately, that means you may start receiving spam mail and solicitations.
Some may look very official and even reference your loan or lender by name. Don’t be fooled. If you’re ever unsure, call my office—we’re happy to verify what’s legitimate and what’s not.

Final Thoughts

Remember, I’m still here for you even after closing. Whether you have questions, concerns, or just want reassurance, keep my office on speed dial.

You’ve taken an important step in your retirement journey—and I’m honored to walk alongside you.