Sentences with phrase «older access the equity»

The loans are intended to help home owners 62 years of age or older access the equity in their home if they have or all or most of the mortgage paid off.

Not exact matches

The following statement can be attributed to State Educational Technology Directors Association (SETDA) executive director Douglas Levin on today's vote by the FCC on E-rate modernization: «With today's vote, the FCC has taken a critical step to guaranteeing the 18 year - old E-rate program can continue to fulfill its critical role of ensuring equity of access -LSB-...]
According to Michael B. Horn and Heather Staker of the Christensen Institute, «done right, blended learning breaks through the barriers... It preserves the benefits of the old and provides new benefits — personalization, access and equity, and cost control [5].»
The older you are when you take out a reverse mortgage, the more equity you will have access to.
And if your son is younger than, say, 10 years old, you can stay mostly in equities, increasing your fixed - income position as he gets closer to needing access to the money for the requisite books (and beer).
Seniors 62 and older can apply for a reverse mortgage as a way to access the equity in their home and convert it into usable funds.
This is a home loan that allows borrowers age 62 and older to access the equity in their homes for supplemental funds.
If you're 62 years of age or older you could access that equity through a reverse mortgage.
If you're 62 years of age or older you can access that equity through a reverse mortgage.
Retired or not, if you're 62 years of age or older you can access that equity through a reverse mortgage.
As long as you're 62 years of age or older, you could access that equity through a reverse mortgage.
If you are a homeowner 62 years or older and have a significant amount of equity, a reverse mortgage can provide the means to access a portion of your home's equity to help cover medical costs.
A reverse mortgage is a feasible financial vehicle that is used by plenty of older Americans to access cash from their home's equity.
A reverse mortgage, also called a home equity conversion mortgage (HECM), lets seniors who are at least 62 years old access the home equity from their primary residence in the form of a lump sum, a line of credit, a stream of monthly payments or some combination of these.
The reverse mortgage is a national program available to homeowners age 62 and older providing you access your home's equity without having to make a monthly mortgage repayment.
It's a loan that allows homeowners 62 years and older to access a portion of the equity in their homes for use in retirement.
A reverse mortgage, also known as a home equity conversion loan (HECM), is a tool designed to help eligible homeowners 62 years and older to access the equity in their homes.
The loan was designed for older homeowners — those 62 or older — to access some of the equity they had built up in their primary residences.
As a type of home loan designed for those age 62 years and older, this powerful tool can help individuals access a portion of their home equity and convert it into cash to supplement a fixed income.
The purpose for creating the HECM was to provide older home owners, mostly retirees, who are no longer earning regular salaries and spending down their savings, access to their home equity without having to increase their monthly expenses.
A reverse mortgage is a loan for homeowners age 62 and older that allows seniors to access a portion of their home's equity.
Such loans enable seniors age 62 and older to access a portion of their home equity without having to move.
The older you are when you take out a reverse mortgage, the more equity you will have access to.
Access to home equity for many homeowners 62 + years old, their home is their largest asset.
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