![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|
|||||||||||||||||||||||
| Mortgage Professor about information on reverse mortgage: | |||||||||||||||||||||||
|
Can I Live Off My House?
November 19, 2001 "I am a recently-widowed 54-yar old with a house worth $1.1 million, a high-rate mortgage of $450,000, but not much income. I can only afford to pay $2,000 a month on principal and interest, plus taxes and insurance. I am prepared to use up my equity ... more... How Do I Get a Reverse Mortgage? July 21, 2003 ?I am running short of money and friends tell me that I should take a reverse mortgage, but the thought of a complicated transaction involving my house just terrifies me. It would help a lot if you would lay out the steps in 1, 2 3 form?? With a reverse ... more... |
|||||||||||||||||||||||
information on reverse mortgage related definitions |
|||||||||||||||||||||||
|
Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
|||||||||||||||||||||||
|
More about information on reverse mortgage Reverse Mortgages: When Is One Right For You? Tips To Avoid Gaining A Bad Credit Rating With Your Mortgage How to Buy to Let Are You Ready for a Home Mortgage Loan? Buying a Spanish Property - How Do You Finance It? Mortgage Protection Life Insurance - Understanding The Basics First Time Home Buyers - Get Your Top 5 Mortgage Questions Answered Here! Debate for Business Plan Data and Early Franchise Disclosure Lowest Mortgage Rates UK Lowering the Cost of Mortgage Endowments and Endowment Shortfalls - What You Need To Know
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||