Sentences with phrase «safe government insured loan»
The features promised in the TV commercials include: «A reverse mortgage is a safe government insured loan, allows borrowers to remain in their home for life, no mortgage payments, create a stable secure retirement, provide additional income, a better quality of life.
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The government - insured and regulated Home Equity Conversion Mortgage (HECM) reverse mortgage itself has developed into a safe mortgage loan for seniors, so they can enter into this loan with confidence.
Despite economic upheaval and forward mortgage lending issues, reverse mortgages have continued to grow as a safe, government - insured loan allowing seniors to access a portion of the equity in their homes while not having to make a monthly mortgage payment.
«SAFE GOVERNMENT INSURED» actually means the borrower pays the FHA insurance premium to protect the lender and ensures they will recover 100 % of the loan, fees and costs.
The government - insured and regulated Home Equity Conversion Mortgage (HECM) reverse mortgage itself has developed into a safe mortgage loan for seniors, so they can enter into this loan with confidence.