consumers union: Brooklyn NY Real Estate: Reverse Mortgage Basics
- 02/15/11 04:56 AM
View RSS feed close [x] If you watch television, read magazines or surf the net, you’ve probably seen ads for reverse mortgages. Those ads don’t provide many details, so here are the basics you need to know about reverse mortgages. Are you eligible for a reverse mortgage on your Brooklyn NY real estate? To be eligible for a reverse mortgage, you must: Be at least 62 years old Own your home Live in the home and claim it as your primary residence When does the reverse mortgage loan become due? As the homeowner, you do not have to make any monthly payments … (4 comments)
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View RSS feed close [x] If you watch television, read magazines or surf the net, you’ve probably seen ads for reverse mortgages. Those ads don’t provide many details, so here are the basics you need to know about reverse mortgages.
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