The disadvantage to a fixed - rate reverse mortgage is that it only offers a lump
sum as a disbursement option.
The disadvantage to a fixed - rate reverse mortgage is that it only offers a lump
sum as a disbursement option.
Not exact matches
«
As set forth above, Silver was not required to disclose disbursements from the HCRA - Assembly Pool because the fund was, during its existence, off - budget or budgeted as a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.&raqu
As set forth above, Silver was not required to disclose
disbursements from the HCRA - Assembly Pool because the fund was, during its existence, off - budget or budgeted
as a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.&raqu
as a lump -
sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.»
A reverse mortgage gives borrowers access to that equity
as a line of credit, monthly
disbursement, lump
sum payment, or some combination of the three.
Flexible
disbursement options — Loan proceeds can be collected
as a lump
sum (fixed - rate only), a line of credit to be drawn upon
as needed2, a monthly payment for a set period of time or
as long
as you live in the home, or a combination of these options.
A reverse mortgage gives borrowers access to that equity, either
as a line of credit, monthly
disbursement, lump
sum payment, or some combination of the three.
A reverse mortgage allows you to access your home equity,
as either a line of credit, monthly
disbursement, lump
sum payment, or some combination of the three.
A reverse mortgage offers borrowers access to that equity, either
as a line of credit, monthly
disbursement, lump
sum payment, or a mixture of all three.
Borrowers who choose a fixed rate reverse mortgage must take their funds
as a lump
sum,
as opposed to other
disbursement options offered at a variable rate.
The changes included limitations on the amounts that can be drawn in the first year, the option to receive a smaller one - time single lump
sum disbursement,
as well
as changes to the mortgage insurance premium, the principal limit factor tables, and requiring a financial assessment of borrowers» ability to pay future property taxes and insurance obligations.
As in Janssen (previously cited) at paragraph 152, I find that parties should not have to spend a disproportionate
sum of money to prove a
disbursement.
As a result of the decision to deny the Minister's application, Cameco was awarded lump
sum costs of $ 10,000, plus
disbursements in an amount not greater than $ 5,000.
Borrowers who choose a fixed rate reverse mortgage must take their funds
as a lump
sum,
as opposed to other
disbursement options offered at a variable rate.