A reverse mortgage requires sound advice
Story date: 2008-03-02 12:11:00
Added on: 2008-03-02 03:01:03
Baltimore Sun - Most reverse mortgages today are made through the Home Equity Conversion Mortgage program. These loans are insured by the federal government. (Private lenders offer their own version of reverse mortgages, and the rules vary.
Read more...
Related Stories:
-
A reverse mortgage requires sound advice
Baltimore Sun - Reverse mortgages can be an expensive form of borrowing, and you must have some equity built up in the...
2008-03-02 06:59:00 -
Reverse mortgages on rise (Moldova.org)
U.S. banking analysts say there's been a sharp rise in the number of homeowners tapping into their equity through reverse mortgages.More people...
2008-02-16 08:38:52 -
Interest hikes not the end of the line
The Australian - Look for lenders that offer reverse mortgages with a "no negative equity" pledge, which means the cost of the...
2007-11-09 03:55:00 -
Senior Financial completes acquisition
Sacramento Business Journal - They started Liberty because they saw a need in the market for reverse mortgages from their customers and...
2007-11-01 10:02:00 -
What are reverse mortgages? - Louisville Courier-Journal
A: Reverse mortgages are designed for older homeowners who have substantial equity. They receive money that need not be repaid until the...
2008-07-03 01:22:00 -
YOUR BUSINESS The appeal of reverse mortgages
Maine Sunday Telegram - If it were up to me, I would have named reverse mortgages "creative home equity loans for seniors."...
2007-11-15 09:24:00 -
Reverse mortgages allow equity to work for you - Bradenton Herald
MANATEE — With the credit crunch, tighter lending standards and the weak economy clobbering the conventional mortgage market, more lenders and brokers...
2008-11-16 09:17:00 -
At Home: Reverse mortgages can be a senior’s best hope (Naples Daily News)
If you, your parents or other seniors in your life are sitting on a big load of home equity while struggling to...
2007-09-01 06:40:26
