Question

 Are all reverse mortgages the same?

Answer A Home Equity Conversion Mortgage, also called a reverse mortgage, allows seniors to borrow from the equity in their homes without payments. There are two different types of reverse mortgages, priv... Read More »
http://www.answerbag.com/q_view/1902480

Top Q&A For: Are all reverse mortgages the same

What are the problems with reverse mortgages?

Older homeowners may have a great opportunity to access the funds in their home's equity using reverse mortgages. However, some of the disadvantages of these types of mortgages should be considered... Read More »
http://www.answerbag.com/q_view/1898248

When did reverse mortgages happen?

The initial reverse mortgage occurred in 1961 to a woman named Nellie Young. The mortgage was issued by Deering Savings and Loan, located in Maine. The Home Equity Conversion Mortgage (HECM) was ap... Read More »
http://www.answerbag.com/q_view/2233541

Complaints About Reverse Mortgages?

Reverse mortgages are a type of mortgage that allows people to live in their houses and retain ownership, while receiving an immediate loan amount for the equity in their homes. These reverse mortg... Read More »
http://www.ehow.com/list_7350262_complaints-reverse-mortgages.html

Does US Bank have reverse mortgages?

US Bank does not offer reverse mortgage programs for their customers. US Bank does, however, offer several mortgage programs and refinance options which include cashing out equity in the property.R... Read More »
http://www.answerbag.com/q_view/2263591


feedback
loading