Understanding reverse mortgages: Beware of misleading advertising
Understanding reverse mortgages: Beware of misleading advertising A reverse mortgage is a unique type of loan that allows older homeowners to borrow money against the equity in their house that doesn't have to be repaid until the homeowner dies, pharmacy illness sells the house or moves out for at least 12 months. At that point, try you … For more informaiton please visit here… Keeping a roof over your head For many boomers, figuring out where to live and how to pay for it is a bigger challenge the longer they live. Peter Bell, president and CEO of the National Reverse Mortgage Lenders Association, says his business is in a state of flux, not only because … More informaiton please visit...
Read More