Reverse Mortgages a Reversal of the Mortgage Process
Mortgages have assumed a number of characters from the time of their inception. The traditional mortgages used to be of the repayment type. Every month the mortgagor used to pay a certain amount towards both principal and interest. Sensing the hardships that people have to face in making these ... more...

Mortgage vs. Reverse Mortgage: How Do You Put Your Mortgage in Reverse?
Many people look at the process of a mortgage and wonder how exactly do you put your mortgage in reverse?In order to understand a reverse mortgage, let's first investigate at a normal mortgage for a first time home buyer. When you first start the mortgage process, you shop many mortgage lenders or ... more...

Reverse Mortgage Loan for Dummies
If you are a senior considering a reverse mortgage to boost your income there are several things you need to know. Here is all you need to know about reverse mortgages so you will be able to make an informed decision if this loan is right for you.If you are considering a reverse mortgage you need ... more...

Before You Say No See 7 Reasons Why You Should 'Roll Your Own' Reverse Mortgage
Reverse Mortgages are popular ways for Seniors to continue to Live in their Homes and still take advantage of the Equity Build up in the form of Monthly payments. Using the Simple Steps in this Article you can create your own 'Reverse Mortgage' and Save Money while Increasing your Monthly Income.A ... more...

California Reverse Mortgages
California Reverse Mortgages are a different kind of mortgages that are proving to be very popular with senior citizens. A Reverse Mortgage allows the property owner to stay in the house, unlike the regular kind of mortgage that dictates that the homeowner move to a different place when the ... more...

Seniors Can Use a Reverse Mortgage to Fund Annuities, Investments, and Insurance Policies
For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Social Security, IRA's, 401k's ... more...

Is a Reverse Mortgage Good for Me?
A reverse mortgage is a loan against the equity in the home that provides tax-free cash advances, but requires no payments during the term of the loan. Since there are no monthly payments during the life of the loan, the balance grows larger and the equity gets smaller. Meaning the interest in ... more...

Reverse Mortgages A Tax Free Income For Senior Citizens
I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you may have just found the goose that laid the golden egg.A reverse ... more...

Reverse Mortgage Maximization
Have your homes appreciation grow twice as fast.For Seniors over the age of 62 a Reverse Mortgage is a tool that, while new to many, is increasingly being used to maximize their retirement income. A Reverse Mortgage frees up large amounts of equity to be used in investment vehicles, insurance ... more...