Despite several big-name banks pulling the product from their respective home loan offerings, reverse mortgages remain a popular mortgage choice among homeowners aged 62 or over.

A reverse mortgage is exactly what it sounds like -- a mortgage in reverse. Rather than borrow a fixed amount of money the...

08.05.12 03:45 PM - Comment(s)
A reverse mortgage (also referred to as a home equity conversion mortgage) is a government insured loan that enables homeowners 62 or older to turn the value of their home into tax-free income without the burden of a mortgage payment.the reverse mortgage.  Here are some facts about Reverse Mort...
18.05.11 12:03 AM - Comment(s)
Lately I have had numerous inquiries on reverse mortgages, a mortgage with government insurance to help seniors over the age of 62 to live in their current home ot purchase a new home without having a mortgage payment. Today a senior may get a fixed rates reverse mortgage (HECM) and the closing in V...
01.05.11 06:33 PM - Comment(s)

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