Tag Archives: Monthly Payments

Reverse Home Mortgage – Put Your Equity to Work For You

Posted on July 25, 2010 by admin

Addison Clark asked: A reverse home mortgage is a loan that has features that make it reverse of the traditional loan. Instead of having to make monthly payments on a mortgage, you can receive payments. Instead of having to turn … Continue reading →

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Is it better to refinance or get a home equity loan? We have owned our home for 2 years?

Posted on December 19, 2009 by admin

KristinaRM asked: Due to family health issues my husband and I have missed a bit of work over the past 9 months. Because of this a few of our credit card payments were missed and we have fallen quite behind. … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , | 6 Comments

can a reverse mortgage be paid back before death?

Posted on March 21, 2009 by admin

bren1999 asked: We went to the bank yesterday to find out about loan options. My Mom is 80 years old and is almost broke. The banker told us that we CAN make monthly payments on a reverse mortgage. But I … Continue reading →

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Can I refinance my first mortgage only?

Posted on January 23, 2009 by admin

T asked: I have a first mortgage and a home equity loan. Can I refinance just the first mortgage only? I am also looking at rolling it all into a single refinance as well, but appraised value may not allow … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , | 4 Comments