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About San Clemente Reverse Mortgage Lenders

12th February 2013
About Reverse Mortgages The reason why retirees find reverse mortgage more beneficial and advantageous compared to a second home mortgage or a traditional home equity loan is that in essence, a reverse mortgage is a way by which they can cash out a loa... Read >
Author: USARM

Everything Seniors Need to Know About Reverse Mortgage Rates

02nd February 2012
As with any type of loan, a borrower’s interest rate will have a significant impact on his or her reverse mortgage. Reverse mortgage rates affect borrowers’ proceeds and payment options, as well as the overall affordability of the loan. Before pursuing a ... Read >
Author: Abby Reynolds

How Interest Rates Affect a Reverse Mortgage

30th August 2009
Reverse mortgages can be an excellent strategy to help you manage finances and wealth when you reach retirement age. The most common type of reverse mortgage is the Home Equity Conversion Mortgage, a government-backed loan that is designed specifically to... Read >
Author: Wesley Pritchard

What's Wrong with Reverse Mortgages

15th February 2008
A reverse mortgage is a loan that converts home equity into tax-free cash for home owners 62 years of age and older. Much has been touted in the media and by lenders about the benefits of reverse mortgages, now here are some of the red flags. Discuss thes... Read >
Author: Steve Dahl
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