Understanding reverse
Subtitle: answer to common questions -- simplifying the new reverse mortgage
By: Dan Hultquist
Publisher: CreateSpace Independent Publishing Platform
Published: 2016
Language: eng
Number of pages: 151
ISBN-13: 9781522902263
Subjects: Reverse Mortgage loans
Other titles: Understanding reverse 2016.
Description: "What is a Reverse Mortgage? Is it more than a loan program for those who are “house-rich, but cash poor”? How does the “non-recourse feature” protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage. It should be read by baby boomers, retirees, older adults with mortgages, heirs, financial planners, housing counselors, HECM counselors, Realtors, brokers, financial journalists, mortgage professionals, estate planners, and of course all homeowners who want greater assurance that they can comfortably grow older in their own homes."--