Reverse Mortgages: A Beginner's Guide
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- ID:
- 3303
- First Published:
- 30-Aug-2007
- Summary:
- Reverse Mortgage: A Beginner's Guide. A free informative guide on reverse mortgages.
- Set up automatic payments for regular bills from your parents' checking account or your own.
- Deposit government payments directly into your parents' checking account.
- Renew bus passes and pay for transportation services online.
- Sign up at your parents' pharmacy for online prescription refills.
- Simplify your parents' yard care.
- And Four More...
Posted by %span.user= comment.user ? link_to_user(comment.user) : "Anonymous" 10 months ago
Reverse Mortgages have limitations that often keep Seniors from getting the financial relief that they need. I predict that we will see a number of interesting products coming to market being marketed as "alternative solutions". One such program currently being offered by New York and California Mortgage Brokers has the same benefits of a Reverse Mortgage but instead of eating into the equity this program shares in the future value of the house. Unlike a traditional reverse, this program will allow the property to be Non-owner occupied (rental) as well as commercial and mixed use properties. The Senior must be 65 or older and in good overall health. When it comes to choices, more is always better. For more information on this Reverse Mortgage Alternative check out www.LoanChatLive.com where you can get Fast, Free, Accurate Loan information from a Mortgage Professional in your area and you can remain completely anonymous. Kim Curtis Mortgage Banker, Life Agent www.LoanChatLive.com