Archive for the ‘Reverse Mortgages’ Category

Reverse Mortgages

Article by Brian Krassenstein An overview of reverse mortgages A frequent topic in financial forums is reverse mortgages. A reverse mortgage is a a kind of loan intended to help people access the equity they have built in their homes. Borrowers are extended a new loan with a [...]

Reverse Mortgage Tax-Deductible?

One of the newest and more innovative financial tools for the Senior Citizen, today, is the reverse home mortgage.  Already very popular, as the info on the reverse home mortgage becomes widespread, and homeowners reach retirement age in large numbers, this may become the most popular home mortgage vehicle of all.  The reverse home mortgage [...]

What is a Reverse Mortgage?

Article by Stuart Simpson has a neat mortgage calculator FREE to use. Try it out at: Simply stated, a reverse mortgage is a loan that enables homeowners (age 62 and older) to convert part of the equity in their home into a tax-free income without having to sell [...]

What Are The Advantages And Disadvantages Of A Reverse Mortgage?

Article by Kaye Reverse Michigan is under a great financial challenge and it’s important for seniors to be aware of their options. There has been a lot of talk lately about Reverse Mortgages in Michigan. This is a great service that is available for Michigan seniors and offers [...]

The Possibility of Reverse Mortgage Foreclosure

Article by Mortgage Guru Reverse mortgage and home equity loan are two very different things. A reverse mortgage is similar to a loan advance. Generally as long as the borrower lives in the home, the borrower may not be required to repay the loan. This particular option is [...]