Rating Newest Oldest. Best Answer: Limestone is composed of calcite or calcium carbonate, CaCO3, and dolostone is composed of dolomite or calcium magnesium carbonate, Ca,Mg(CO3).Okla gave the chemical formula for ankerite, which is in the dolomite group.In the field dolostone and limestone are difficult to tell apart (but there crystals are fairly diagnostic)...one way is to drop some HCl on them.kla gave the chemical formula for ankerite, which is in the dolomite group. In the field dolostone and limestone are difficult to tell apart (but there crystals are fairly diagnostic)...one way is to drop some HCl on them.
Reverse mortgage counseling is required as part of the application process. Independent HUD approved counselors provide homeowners with unbiased information about reverse mortgage loans. Counseling can be completed over the phone or face-to-face with a local agency. Upon completion of the counseling session, the counselor will mail a HECM Counseling Certificate to the homeowner for inclusion with the reverse mortgage application. The cost for counseling is typically about $125, but the fee may be waived in some cases.
While HUD (the federal organization charged with regulating reverse mortgages) limits the fee to $6,000, it is based upon the appraised value of the home as well. The fee is 2 percent of the first $200,000 of the value and 1 percent of the second $200,000 of the value.nstead of the borrower paying the bank each month, the bank pays the borrower. Upon the sale of the home, the bank is paid back any principal and interest due on the debt and the seller is given the remaining profit from the sale. There are several closing costs associated with a reverse mortgage loan.