Tag Archives: Mortgage Program

Understanding the Home Equity Conversion Mortgage

Tony Newton asked: You’ve probably have heard of home equity conversion mortgage or HECM. This was introduced by the government through the Federal Housing Administration as a way to assist senior citizens to secure loans. This is a federally insured … Continue reading

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Mortgagees, have you tried the bi-weekly mortgage payment program and if so, has it worked out for you?

Guinness asked: I am told it will reduce the life of my mortgage loan by 7 years, and will add to my home equity significantly within 10 years. Is anyone out there actually doing this and have you seen positive … Continue reading

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