Top 10 Reverse Home Loan Lenders in Nevada Lender Name Years in Service Stars (0-5. 0) Positive Reviews Problems Longbridge Financial LLC 8 3. 1 62% 6 American Advisors Group (AAG) 16 3. 99 79% 62 High, Tech Loaning Inc 14 3. 0 60% 0 Fairway Independent Mortgage 25 4. 97 99% 31 Finance of America Reverse LLC (FAR) 17 3.
17 3. 0 70% 0 Mutual of Omaha Mortgage 8 4. 4 33% 13 One Reverse Home Mortgage LLC (Quicken) 36 1. 5 20% 3 Reverse Mortgage Funding LLC 8 3. 8 76% 13 * Source : Lending Institution Rankings as of Nevada Reverse Home Mortgage Realities Nevada67,61945996154$278,000 Nevada Lending Limits Nevada is the 33rd most populated state in the nation and the seventh largest in terms of land area.
Of the state's overall population, 496,565 were estimated to be 62 and older in 2016. About 55% of the population is a property owner. Several native tribes inhabited this land for a minimum of 10,000 years before Europeans came. The Spanish were the first brand-new explorers and claimed the area as part of New Spain.
The area changed hands to the U.S. following the Mexican-American War. Nevada ended up being the 36th state in 1864. Las Vegas is the biggest city in the state, with more than 2 million locals in its metro location. Once a desert town for ranchers and railroad workers, it quickly ended up being known for its gambling establishments and quick marital relationships and divorces in the first half of the 1900s.
Among those from Vegas are tennis star Andre Agassi and the rock band the Killers. Much of Nevada is desert, and it is referred to as the driest state in the U.S. The average high is 90 degrees Fahrenheit and the typical low is 22 degrees Fahrenheit. In the west the summer seasons are brief and hot, however the winters do not get very cold.
Extreme temperatures have surged at 120 degrees Fahrenheit and dipped to unfavorable 50 degrees Fahrenheit. Beyond the Las Vegas metro area, which boasts a lot of the greatest cities in the state, the next biggest city is Reno. A literal goldmine, Nevada is among the biggest producers worldwide of this rare-earth element.