What is a reverse mortgage..

Liked this question? Tell your friends about it

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: My Accounts Need Some receivable financing, could ...

My Accounts Need Some receivable financing, could you assist me?

Asked: Would like to procure trade finance, any ...

I am interested in a supply chain venture and would like to procure trade finance, any suggestions?

Asked: What are the fixed asset finance options available ...

What are the fixed asset finance options available at DBS?

More Questions

Reverse mortgage tax question

The benefit of reverse mortgages is that they allow seniors to get extra tax free income. So, no, you will not have to pay taxes on the money you get from the reverse mortgage. http://www.articleinsider.com/mortgage/massachusetts-mortgages/reverse-mortgages

Do you have to own the house to get reverse mortgage?

>>Do you have to own the house to get reverse mortgage? The home must be the homeowners primary residence in order to get a Reverse Mortgage. >>who thinks that you can take out reverse mortgage with only 20 percent equity It's possible to do that, but the homeowner will need to contribute some ...

House Listed for Sale? Eligble to still do a Reverse Mortgage?

No - the house will have to come off the market.

Refinance or Reverse Mortgage

You might have a problem qualifying to mortgage refinance based on your income. Beyond having good credit, the lender needs to see an income stream large enough to cover the payments on the loan. A reverse mortgage gets past that issue because there are no ...