Sentences with phrase «research on reverse mortgage»

You can properly educate yourself by requesting free information online, attending a reverse mortgage counseling session, conducting your own research on the reverse mortgage facts, as well as speaking honestly with a licensed reverse mortgage professional about your questions and concerns.

When doing research on reverse mortgage information, you may come across some terms that are unfamiliar to you.

Today on Your Money, Your Wealth, he reveals new research on the reverse mortgage as an insurance policy and a versatile investing tool.

You can properly educate yourself by requesting free information online, attending a reverse mortgage counseling session, conducting your own research on the reverse mortgage facts, as well as speaking honestly with a licensed reverse mortgage professional about your questions and concerns.

With all of the prestigious papers that have published research on reverse mortgage, it could help to persuade financial planners otherwise.

When doing research on reverse mortgage information, you may come across some terms that are unfamiliar to you.

Not exact matches

Under the Department of Housing and Urban Development's HECM program (Home Equity Conversion Mortgage)-- which is the program used most often by reverse mortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inMortgage)-- which is the program used most often by reverse mortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inmortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inmortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least initially.

To locate single - purpose reverse mortgage lenders, research your local agencies on aging who should be able to tell you if loan programs for home repairs exist in your local area.

Although the stricter enforcements the bill provides are positive steps, not just for the reverse mortgage market, but also for the housing market in general, the bill also serves as a reminder to senior homeowners to do their research and tread cautiously before embarking on any new financial obligation.

But the power, and what all the research has been focused on, is the idea that if you initiate a reverse mortgage earlier in retirement, you can set it up as a line of credit.

The change was aided by research on using reverse mortgages to extend the life of investments.

Research has shown prospective borrowers» credit scores are «huge predictors» of their likelihood to default on reverse mortgages, Moulton says.