Sentences with phrase «equity as a financial tool»
It is important to know your equity, because you can use your home's equity as a financial tool.
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SEATTLE, Jan. 19, 2018 (GLOBE NEWSWIRE)-- NanoString Technologies, Inc. (NASDAQ: NSTG), a provider of life science tools for translational research and molecular diagnostic products, today reported, as required by NASDAQ Stock Market Rules, equity inducement awards to Thomas Bailey, NanoString's new Chief Financial Officer.
A reverse mortgage is one of the very few financial tools that allows senior homeowners to access a portion of their home equity to pay off their existing mortgage and eliminate their monthly mortgage payment for as long as they live in the home and continue to meet the loan obligations.1
Determined by the amount of equity in your home, or the difference between the value of your home and the outstanding mortgage balance, a second mortgage can be a powerful financial tool for a homeowner, with applications such as financing the purchase of an investment property or extensive home renovations.
Other borrowers use their proceeds as a line of credit, using home equity as a strategic financial retirement tool to reserve a line of credit that grows automatically over time.
And with as much as 50 % of older Americans» net worth tied up in home equity, you may become increasingly interested in learning more about what a reverse mortgage loan is and how to use it as a financial planning tool.
Although the reverse mortgage loan is a powerful financial tool that taps into your home equity while deferring repayment for a period of time, your obligations as a homeowner do not end at loan closing.
Personal loans are one of the most commonly used financial tools for consumers as they offer a slew of benefits not found with credit cards or home equity loans.
A home equity line of credit (HELOC), which lets you borrow against available equity with your home as collateral, can be a powerful financial tool for homeowners.
Also known as a HECM (Home Equity Conversion Mortgage) is a financial tool that was created specifically for homeowners 62 or older to allow them to:
Pretty much any type of contract that is normally controlled and / or executed via computer code can be done through smart contracts: real estate transactions, exchange of financial tools such as equities, voting, global supply chain transactions, even medical records and numerous other applications.
9) New Reverse Mortgage Rules In September 2013, the FHA put into effect new rules meant to encourage seniors to tap into their equity strategically, and use the reverse mortgage as a long - term financial planning tool rather than a crisis management tool.
Although the reverse mortgage loan is a powerful financial tool that taps into your home equity while deferring repayment for a period of time, your obligations as a homeowner do not end at loan closing.
Other borrowers use their proceeds as a line of credit, using home equity as a strategic financial retirement tool to reserve a line of credit that grows automatically over time.
A reverse mortgage is one of the very few financial tools that allows senior homeowners to access a portion of their home equity to pay off their existing mortgage and eliminate their monthly mortgage payment for as long as they live in the home and continue to meet the loan obligations.1
A Home Equity Conversion Mortgage (HECM) can be a useful financial tool as unexpected expenses pop up during retirement years.