Sentences with phrase «enables older 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 life or a fixed term, or in a lump sum, or through a line of credit.
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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.
A Reverse Mortgage is a loan that enables older homeowners to convert a portion of their home equity into cash.
There are techniques that can enable older homeowners to use their property to finance their lifestyle.
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.