Borrowers can remain in the home Cons of Reverse Mortgages Heirs may not assume a Reverse Mortgage, requiring them to secure their own financing to pay off the existing Reverse Mortgage or sell the home after the borrower's death. If the loan balance is greater than the value of the home,...
Reverse Mortgages Are Not Quite No-BrainersSingletary, Michelle
aThese arrangements are variously called reverse mortgages, lifetime mortgages or equity release mortgages (referring to home equity), depending on the country. The loans are typically not repaid until the borrowers are deceased, hence the age restriction. For further details, see equity release. ...
Are Reverse Mortgages Worth the Effort? 来自 questia.com 喜欢 0 阅读量: 17 作者: Cocheo, Steve 摘要: A quick way to understand the "reverse mortgage" is to take most of what you know about the... 被引量: 3 年份: 1993
Reverse Mortgages Are an Option for Many
The pros and cons of reverse mortgages: they provide supplemental income for seniors and are available in Alaska. 来自 findarticles.com 喜欢 0 阅读量: 8 作者: Barbour, Tracy 年份: 2006 收藏 引用 批量引用 报错 分享 全部来源 求助全文 ProQuest highbeam.com findarticles.com 相似文献...
What to know about each of the major types of mortgages: conventional, jumbo, government, fixed-rate and adjustable-rate.
Strapped retirees are turning to reverse mortgagesReverseLoansforSeniors.com
are relatively easy to define for fixed-rate mortgages.In other respects, however, the decision is nuanced by option pricing and tax considerations.The ... RA Followill,BC Olsen - 《Engineering Economist》 被引量: 2发表: 2015年 Why Do Borrowers Choose Adjustable-Rate Mortgages over Fixed-Rate...
The article looks at reverse mortgages as of 2013, noting that the U.S. government is revising the regulations governing them and discussing some of the likely changes, including requiring them to include ...