By Juhani Tontti If the home equities have fallen, the maximum loan amounts have fallen too, but on the other hand the interest rate levels are on a historically low level, which makes the reverse mortgage a good deal. Those seniors, who took the loans on the high economy time, i.e. 2008 or earlier, have [...]
By Juhani Tontti One fault, which some seniors do, is that they think that by postponing the decision the time will help. Unfortunately that does not work. This article goes through the points how the reverse mortgage loan can give benefits, as one possible solution, which can pull a senior out of the bad situation. [...]
By Juhani Tontti The biggest figures came from California, Florida and Arizona. The senior American, who cannot pay their mortgage loan payments, the special loan called a reverse mortgage can offer a great help, because by taking a reverse mortgage loan, they can avoid the monthly payments of the loan. 1. When The Foreclosure Threatens, [...]
