reverse mortgage fees: Understanding Costs in Reverse Mortgages
- 01/18/16 09:39 AM
A reverse mortgage is a financial product available to seniors looking for additional income in retirement. It is a great option for people who meet the requirements to supplement income. There are, however, some unique circumstances in reverse mortgages that need to be understood. Of course, your best option, is to talk directly to a local, licensed Reverse Mortgage Advisor to get your questions answered and determine if a reverse mortgage is right for you.
Explain why I don’t pay principle and interest on my reverse mortgage. With a Reverse Mortgage, you don’t pay principle and interest like a traditional loan, and are … (0 comments)
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Kevin A. Guttman-Author, ReverseMortgageSpecialist
A reverse mortgage is a financial product available to seniors looking for additional income in retirement. It is a great option for people who meet the requirements to supplement income. There are, however, some unique circumstances in reverse mortgages that need to be understood. Of course, your best option, is to talk directly to a local, licensed Reverse Mortgage Advisor to get your questions answered and determine if a reverse mortgage is right for you.
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