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Increase your knowledge around the importance of home equity

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Reverse Mortgage Pros and Cons

A reverse mortgage is a complicated financial tool that can affect the rest of your life. By taking out a reverse mortgage, you are promising…

Finance, Home Family, Retirement Tips30th July, 2020
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Credit Review for a Reverse Mortgage

While credit history is an important qualifying factor for reverse mortgage borrowers, it is not something that will likely make or break the borrower’s opportunity…

Finance, About Reverse Mortgages1st July, 2020
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Bankruptcy Guidelines for a Reverse Mortgage

Characters Debtor: person filing for bankruptcy  Creditor: person or entity who the debtor owes  Trustee: third party responsible for overseeing the bankruptcy case   Bankruptcy…

Finance24th June, 2020
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Is there a time limit on a reverse mortgage?

What is a reverse mortgage? The Consumer Financial Protection Bureau defines a reverse mortgage as a “special type of home loan for older homeowners that…

Finance19th June, 2020
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Reverse Mortgage on Condominiums: Requirements Explained

For years condominium owners have been denied from reverse mortgages due to strict Federal Housing Administration (FHA) guidelines. Fortunately, as of October 15, 2019, newly…

About Reverse Mortgages, Finance16th June, 2020
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Why A Reverse Mortgage is a Savvy Choice

Reserve mortgages are like loan but in reverse. The borrower does not have to make payments to the lender. Instead the bank pays the borrower…

About Reverse Mortgages, Finance, Home Family30th March, 2020

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