What Is A Life Expectancy Set-Aside

What Is A Life Expectancy Set-Aside
What is a "Life Expectancy Set-Aside" and what does it mean when the lender says you have to have a LESA? How does it impact the loan that you are getting? Bruce answers these questions and explains all about set-asides on the show today.
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Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

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