[Download] "Reverse Mortgage can be Seniors' Friend, But Research Carefully Reverse Mortgage can be Seniors' Friend, But Research Carefully (At Home)" by The Virginian Pilot " eBook PDF Kindle ePub Free
eBook details
- Title: Reverse Mortgage can be Seniors' Friend, But Research Carefully Reverse Mortgage can be Seniors' Friend, But Research Carefully (At Home)
- Author : The Virginian Pilot
- Release Date : January 06, 2010
- Genre: Reference,Books,
- Pages : * pages
- Size : 81 KB
Description
However, if you own a home free and clear , do you wish you could turn it into cash - without selling it? If you 're 62 or older, you can do just that through a reverse mortgage, a special loan that allows homeowners to convert part of the equity from their house into income. Unlike a home-equity loan or second mortgage, the loan doesn't have to be repaid as long as you remain in your home as a primary residence.
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