Tag Archives: Reverse Mortgage Program

Reverse Mortgage: Everything You Need to Know

PART II How Do I Get the Loan Amount? You can get the loan amount in any of the 3 ways you wish to: • As a lump sum • As a line of credit • As regular payments Needless … Continue reading

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Reverse Mortgage: Everything You Need to Know

PART I How would you react to a deal where you get to en-cash your home equity without having to move out of the property, sell the property or repay anything at all? It may be hard to believe that … Continue reading

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Reverse Mortgage Program Set To Change In October

Home Equity Conversion Mortgage program (HECM) will be revised with some changes and may come into effect in the month of October. Federal Housing Administration (FHA) will receive new changes from the House and the U.S. Senate that may go … Continue reading

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