Can you have a second mortgage included with a reverse mortgage?

Answer A borrower who is 62 or older can purchase a reverse mortgage to pay off any and all debt on their primary residence, including a first and second mortgage debt.SignificanceA reverse mortgage pays ... Read More »

Top Q&A For: Can you have a second mortgage included with a ...

Are property taxes included in a mortgage payment?

When you take out a home mortgage you may opt to have your property taxes added into your payments. The annual property tax is divided into 12 separate amounts and added to your monthly mortgage bi... Read More »

Is the mortgage interest paid to acquire a property included in the depreciation basis?

If you agree to pay back interest that the seller currently owes on the property as part of the property acquisition, you should include interest paid on behalf of the seller in your basis for prop... Read More »

What is this box like thing that I found inside my stove (pic included) included)?

its a voltage transformer probably a step down It takes high voltage and steps it down to a lower voltage example 220vac on the primary winding, (incoming) and a 24 vac to the secondary (output)

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »