Sentences with phrase «wanted access to their home equity»

Many senior homeowners wanted access to their home equity to help fund retirement while remaining in their home — and a reverse mortgage loan could help them do just that.

When you want access to your home equity, you can get it via a home equity line of credit.

Many senior homeowners wanted access to their home equity to help fund retirement while remaining in their home — and a reverse mortgage loan could help them do just that.

Not exact matches

If you require access to capital and haven't had luck with traditional lenders, you may want to look into a home equity loan instead.

The two issues cited most often were equity concerns about lack of Internet access at home and the fear of teachers not wanting to go digital, including teachers not comfortable or effective with digital learning.

If you simply want to access your home's equity, then a home equity loan might be a better choice for you.

A VA Cash - Out refinance provides access to cash from the equity you've built up in your home — and you're free to use the money for whatever you want:

Or you may want to pursue mortgage refinancing to consolidate debt, make a home improvement or finance a college education by accessing your home equity.

However, for homeowners who want to access as much of their home equity as possible, a low interest rate is a vital factor in accomplishing their goal.

An FHA Cash Out Refinance is perfect for the homeowner who wants to access the equity that they have built up in their home.

For seniors who want to remain in their home and access their home equity, reverse mortgages will always be a useful financial strategy.

For the home equity loan, you get an initial chunk of money but have to await approval any time you want to access more funds.

Caught between a rock and a hard place, they don't want to lose their home, yet they can't access their equity to deal with their debt.

Reverse mortgages have their disadvantages, but they can be the right tool for certain seniors who want to gain access to their home's equity without selling or having to make monthly payments.

If your priority is to preserve as much equity in your home while still leaving access to a line of credit to have in case of an emergency this is the product you would want to choose.

If you want to gain access to the equity in your home or investment real estate you have to qualify for a HELOC or Cash Out RE-Fi.

Under the adjustable rate reverse mortgage, homeowners can choose to receive home equity in monthly payments, term or tenure payments (a term payment being for a set term established by the borrower and a tenure payment being a payment for life), in a line of credit that you can access when you want, or a combination of any of these choices (i.e. a small lump sum to make repairs now, a portion in a line of credit to be able to access for later needs and the remainder in monthly payments for life).

In other words, is a reverse mortgage the only option elder homeowners have when wanting to access their home equity?

When you get a home equity line, you access the ability to draw money, whenever you want, for a period of time.

Since you can get approved for an amount of credit now and not access the funds until you need them, a home equity line of credit is a good choice if you simply want the ability to access cash as you need it.

Or perhaps you want to access your available home equity to consolidate debt or make home improvements.

For home owners who have equity in their homes, it is common to want to access that money to pay for things you may need.

If you want the convenience and ease of being able to access future advances for any worthwhile purpose without a new credit application, then an SIS Home Equity Line of Credit is a smart equity loan cEquity Line of Credit is a smart equity loan cequity loan choice.

If you want to gain access to the equity in your home or investment real estate you have to qualify for a HELOC or Cash Out RE-Fi.

A Home Account Plus secured line of credit gives borrowers the freedom to access the equity in their home for anything they wanHome Account Plus secured line of credit gives borrowers the freedom to access the equity in their home for anything they wanhome for anything they want *.

They wanted to sell their home and purchase a new one, all while still enjoying the features of reverse mortgage: access to their home equity without having to pay monthly mortgage payments.

If you are a borrower wishing to access a portion of the equity in your home, you may want to request a quote from a lender to review interest rates, closing costs, and fees, and most importantly — how much money you can access from your home.

However, for homeowners who want to access as much of their home equity as possible, a low interest rate is a vital factor in accomplishing their goal.