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FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 3 days agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 2 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 ...
What is Home Equity?
Bankrate via Yahoo Finance· 3 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· 4 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 3 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
How to prepare for FHA appraisal requirements
Bankrate via AOL· 6 days agoYou need to get an FHA appraisal when using many types of FHA loans, including: FHA purchase FHA 203(k) FHA cash-out refinance FHA Reverse Mortgage (HECM...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 3 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...
Forget Interest Rate Cuts. One Economist Says Rate Hikes Are More Likely This Year
CNET· 12 hours agoExperts expect the Federal Reserve will hold rates steady at its meeting next week, and one...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 4 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
‘Aging in Place, or Stuck in Place?’
New York Times· 6 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...
