Sentences with phrase «enable older homeowners»
There are techniques that can enable older homeowners to use their property to finance their lifestyle.
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A Reverse Mortgage is a loan that enables older homeowners to convert a portion of their home equity into cash.
FHA Home Equity Conversion Mortgage Program For Senior Homeowners - The Home Equity Conversion Mortgage program enables older homeowners to withdraw some of the equity in their home in the form of monthly payments for a fixed term, or life, or in a lump sum, or through a line of credit.
The Home Equity Conversion Mortgage program enables older homeowners to withdraw some of the equity in their home in the form of monthly payments for life or a fixed term, or in a lump sum, or through a line of credit.
Not exact matches
While utilities have long discouraged energy storage by homeowners and industrial consumers because it threatens their revenue model, Brown says it makes a lot of sense, not just for enabling more renewable power but for lightening the load on old, creaky infrastructure.
If your house has appreciated significantly, you might also consider a reverse mortgage, which enables homeowners age 62 and older to convert part of their equity into cash.
Reverse Mortgage — A loan for homeowners who are 62 years or older, enabling them to convert a portion of their home's equity into cash.