Legal Advice for Reverse Mortgage — 10 results
Written by attorney Mark Campanella, almost 2 years ago.
Maybe its just me, but it seems as though lately there has been a steady increase in the number of advertisements pushing the benefits of so called reverse mortgages. In an age where... more
Written by attorney Peter Antonoplos, over 1 year ago.
By John Danise Peter D. Antonoplos
Introduction: What is a reverse mortgage?
A reverse mortgage allows a homeowner to borrow against the equity in their principal residence. The loan is... more
Written by attorney Ilene L McCauley, over 1 year ago.
As America's population ages, the hard sell is on for reverse mortgages. Promising happier days ahead, the former "Fonz," actor Henry Winkler, is giving the hard sell in relentless... more
Written by attorney Harry S Margolis, over 3 years ago.
Introduction Banks have been touting the virtues of so-called “reverse” mortgages for many years as a way for cash-strapped seniors to tap into the equity in their homes to meet their... more
Written by attorney John Gosselin, about 6 years ago.
Underwriting Qualification To qualify for a reverse mortgage borrowers must meet only a few critical criteria:
1. Homeowner (including houses up to 4 units, condo, PUDs, some mobile... more
Written by attorney Donna Kirk Seyle, almost 5 years ago.
How do reverse mortgages work? A reverse mortgage is a special type of home loan that lets anyone over 62 convert a portion of your home's equity into cash. But unlike traditional... more
Written by attorney Robert Dean, over 1 year ago.
As described by HUD, reverse mortgage allows elderly homeowners to convert the equity in their homes to monthly streams of income and/or lines of credit. The borrower must own and occupy... more
Written by attorney Ingrid Evans, over 3 years ago.
REVERSE MORTGAGES - BE AWARE OF THE HIDDEN COSTS
Reverse Mortgage - What to Look Out For
Reverse mortgages are HIGHLY complex financial products that have serious consequences to the... more
Written by attorney Michael Smith, over 3 years ago.
Reverse mortgage loanshave become very popular in recent years as a way for seniors to convert home equity into cash. But the number of reverse mortgages in default has risen steeply and... more
Written by attorney Harvey Ira Stern, 3 months ago.
Reverse mortgages can be a good option for homeowners at or near retirement age in need of additional income. But there are strings attached. Read on to learn what you need to know before... more