real: Reverse Mortgages
- 03/11/09 01:43 PM
A reverse mortgage is a powerful method of securing funding in our retirement years. Backed by the federal government, its safeguards make it a secure transaction on which we can depend. The reverse mortgage is available to senior homeowners in Groveland Ca and anywhere in California that are at the age of 62 and over, having sufficient equity in their homes. This form of financing is called a "reverse" because usually when we take out a mortgage, we make monthly payments (forward) and eventually the mortgage is paid off. With the reverse mortgage, we never have to make a mortgage payment. (2 comments)