Sentences with phrase «common type of reverse mortgage»
Note: This webpage has information about HECMs, which are the most common type of reverse mortgage.
https://www.consumerfinance.gov/
The most common type of reverse mortgage is known as Home Equity Conversion Mortgages or (HECMs) for short.
The most common type of reverse mortgage is the Home Equity Conversion Mortgage (HECM).
Fortunately, your fees are capped if you get an FHA - backed Home Equity Conversion Mortgage (HECM), which is the most common type of reverse mortgage.
Home Equity Conversion Mortgage (HECM) products are one of the most common type of reverse mortgage solutions.
Not exact matches
One of the most common misconceptions about this type of loan is that a reverse mortgage is a rip - off.
The most common type of home that qualifies for a reverse mortgage is a single - family home.
While the HECM is the most common reverse mortgage used, there are other types of reverse mortgages available:
One of the most common misconceptions about this type of loan is that a reverse mortgage is a rip - off.