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Where can one find information on reverse mortgage quotes?

Reverse mortgages are for homeowners over the age of 62 only and it is based on the equity in a home. You can contact your banking institution/credit union for quotes on reverse mortgages.


Where can one get a loan for a home?

Home loans are available from banks and credit unions. Such loans can take the form of mortgages, reverse mortgages, or home equity lines of credit, among others.


Which companies offer mortgages for persons with a bad credit?

There are a few ways for people with bad credit to get mortgages. The following companies offer mortgages for people with bad credit: E-Loan, MortgageCreditProblems, and Ameriquest Mortgage Company.


What are the alternatives to reverse mortgages?

Some alternatives to reverse mortgages include downsizing to a smaller home, taking out a home equity loan or line of credit, or exploring other financial options such as annuities or selling other assets.


Does WellsFargo offer training on how does a reverse mortgage work?

No, Wells Fargo doesn't offer training on reverse mortgages. They might be able to explain to you what they are but it's not a class per se. To learn about reverse mortgages visit http://www.aarp.org/money/credit-loans-debt/reverse_mortgages/.


Is there a difference between a reverse mortgage and a reverse annuity mortgage?

The terms are similar and both relate to reverse mortgages, however a reverse annuity mortgage often refers specifically to reverse mortgages where the borrower chooses to receive monthly payments from the lender rather than getting a lump sum of cash upfront or a line of credit.


Where can one find information regarding senior reverse mortgages?

The best place to find information about senior reverse mortgages is to contact your local bank or credit union. If one wants additional information the HUD website provides detailed information about senior reverse mortgages.


Can someone with bad credit still obtain mortgages in the UK?

Someone with bad credit can still obtain mortgages in the UK. Some of the companies that offer mortgages for people with bad credit are Alexander Hall and ASAP Mortgages.


Where can someone with bad credit get mortgages?

Someone with bad credit can apply for mortgages through the FHA program. These mortgages are backed up by the FHA and are a good choice for someone who has bad credit.


What is offered by Build My Credit?

The company known as Build my Credit offers a service that helps improve your credit score allowing for you to get loans and mortgages easier. They can help you whether you have no credit history or have a bad credit history.


What is the main reason for bad credit mortgages?

Bad Credit mortgages are for people who do not qualify for traditional mortgages. These tipically have shorter terms with higher interest rates.


Can MN garnish wages from credit cards sent to a lawyer?

Credit Cards cannot be garnished. If there are credit card debts, the wages can be garnished regardless of the location of the cards.