Home Equity Loans & Line Of Credit
Is there any equity left in the home? I would
contact the company that financed the reverse
mortgage to get the true facts and details.
I'm not 100% clear on the
supporting information for your question; was
the home sold (and therefore no longer owned
by you), or do you still own it bu...
You can combine your first and second mortgage
into one new mortgage, but there a few factors
you would need to consider. You would have to
check the current rates on...
I believe that Mark provided a
thorough answer to your question, but I would
add one more item since you are looking to
take cash out. Take note of what you...
When you say "extension", I presume you're
talking about increasing your loan size, since
reverse mortgages don't have a defined term,
and are only due when the last p...
Asked by an anonymous user
Unfortunately, the 547 score is a lower score
than any lender will consider. I recommend
that you consult with a professional in the
credit repair business and develo...
Reverse mortgages are a means of converting the equity in your home to income to use for living expenses or other purposes. They are attract...
In the mid-2000s, prior to the housing crisis, a home equity line of credit (HELOC) was a popular choice for homeowners with soaring home va...