Sentences with phrase «decide on a reverse mortgage»

I decided on a reverse mortgage because my case reverse were dwendling away and concerned about the future.

American Advisors Group is proud to release two new commercials that feature how families decide on a reverse mortgage together (see the video links below).

HUD encourages you to learn as much as possible about your options, before you decide on a reverse mortgage.

Before you decide on a reverse mortgage, it's a good idea to compare its costs to other forms of borrowing.

Not exact matches

When 67 - year - old Ernesto Rivera and his wife Carmen decided that they wanted to pay all of their bills, taking a reverse mortgage on their warm and sunny Florida home wasn't their first option.

Although the most accurate amount can only be ascertained through a detailed one - on - one conversation with a licensed reverse mortgage professional, an online calculator can provide you with a starting point in deciding if you qualify for enough money to meet your needs.

The homeowner and his wife decided to sell their house, applied 50 % of the proceeds for a down payment on a smaller, low - maintenance condo, used the Purchase Reverse Mortgage to finance the rest, and bought a long - term care insurance policy with the leftover proceeds.

Either your parents or the heirs can keep the home and pay the balance due on the reverse mortgage, or they can decide to sell the home and use the proceeds to pay off the reverse mortgage.