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What else can I help you with?
Where can one read about the pros and cons of a reverse mortgage?
One can read about the pros and cons of a reverse mortgage on real estate or banking websites. They offer information about the pros and cons of a reverse mortgage before the reader decides to register for a mortgage.
Where can I find information about reverse mortgage fl?
Go to www.floridareversemortgage.com. This site explains both the pros and cons of a reverse mortgage and exactly what it is. This site also has a calculator and assistance number you can call.
Where can I find information on reverse mortgage pros and cons?
There are several sources you can go to for information on the pros and cons of reverse mortgages. Time Magazine has written an article on this, and so has a site called, credit.com.
What exactly is a reverse home loan and what are the pros and cons?
There seem to be more pros or cons to a reverse mortgage, which is what this refers to. Basically, it lets you remain in your home while paying off your mortgage so you have no more monthly bill, Plus, your heirs still get to inherit your house and there are tax breaks. Cons - some fees and it could impact your ability to qualify for govt. assistance although not your SS or Medicare eligibility.
Is the payment you receive from a reverse mortgage taxable?
No, the money is considered borrowed funds, so no income tax is due on the funds. Liberty-ReverseMortgage.com specializes in Reverse Mortgage Loans. If you are looking for any How Reverse Mortgage works, its pros and cons or guidelines, call (888) 202-4479
Where can I find help for a reverse mortgage quote?
Please go to your bank and see if they can help you. You have an established relationship with them and that is the best place to start your search. If they don't provide a reverse mortgage product they should direct you to someone who can. Before you do so, make sure you educate yourself on the pros and cons of reverse mortgage.
Where can one find information on a reverse mortgage?
The best place to find information about a reverse mortage is from a group or site which is not directly involved in supplying reverse mortgages since they will explain both the pros and cons of such a mortgage. The AARP has some excellent information, as does the Federal Trade Commission.
Do you still have to pay monthly mortgage if you have a reverse mortgage?
No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.
What is a reverse mortgage lead?
A reverse mortgage lead is where you can get names of people that are interested in getting a reverse mortgage. These leads should already have been screened to meet the criteria for a reverse mortgage.
Where could a person go to find pros and cons for reverse mortgages?
You can find out more about reverse mortgages by contacting a mortgage broker, or by visiting the library. However, here is a little bit of imformation I have found for you concerning "reverse mortgages". First off, you should know that you must be 62 years of age to qualify for a reverse mortgage. You also need to already own your home outright -- no more mortgage payments!
What is the definition of a reverse mortgage?
The meaning of reverse mortgage (lifetime mortgage) is when a senior citizen who owns a home wants to convert the equity in their home to monthly income or some sort of line or credit.
What are the reverse mortgage scams taking place today?
Yes, there are reverse mortgage scams, as well as regular mortgage scams. You need to be careful who does your reverse mortgage, so you do not get scammed
