Well the waiting is over and anyone who applies for a reverse mortgage after a week or so from now faces the probability of dealing with the Financial Assessment implemented by HUD. As the article linked here points out, there are pros and cons when it comes to serving elderly Americans and sustaining the program. I am one of those who believes that the guidelines will unnecessarily exclude great numbers of deserving and capable borrowers. I am working with many seniors now who are scheduling counseling. We will work 24/7 to get them through the process in time. I do have suggestions on how to streamline this process and I can access time-saving procedures. Even if just for the sake of keeping the paperwork down, if you know someone contemplating this financial tool, put them in touch with me. The best service, lowest cost and most favorable terms are guaranteed, period. Please take a moment to read some industry comments here.