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FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 4 days agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 4 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
What is Home Equity?
Bankrate via Yahoo Finance· 4 days agoReverse mortgage: For those who are 62 and older (or 55 and older with some products), a reverse mortgage offers another ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 5 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 3 days agoAs any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges ...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 5 days agoThe first...are variable, fluctuating with the prime rate. Home equity loan: A home equity loan gives you a lump-sum payment just after closing. Like a...
U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’...
Fortune via AOL· 23 hours agoAs U.S. citizens swiped their credit cards, took on bumper loans, and applied for mega-mortgages...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 15 hours agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 5 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 5 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...