Archive for May, 2009
Buying a Home With a Reverse Mortgage.
So it’s pretty easy to buy a home with a Reverse Mortgage — that is, if the builder has been informed and understands the process. “After thinking about why the builder would decline an offer in this climate, Branson comes to the realization that there was too much fear of the unknown (ie. HECM for [...]
Read Full Post | Make a Comment ( 2 so far )Fixed or Adjustable, Which is Best?
With the HECM (Home Equity Conversion Mortgage) there are all sorts of opinions today about which rate is best, fixed or adjustable. And the opinions come from all sides of the aisle. From attorneys to borrowers to Reverse Mortgage originators. So which is it? It’s both. It all depends on need. If you’re looking for [...]
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