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Reverse Mortgage: What Is The Maximum Loan-To-Value?

Sioris — Mon, 15 Jun 2009 13:47:57 -0500

One of the more puzzeling aspects for reverse mortgage borrowers is understanding how much home equity is necessary in order to be eligible for a reverse mortgage home loan. Reverse mortgage borrowers are looking for a set formula or a maximum loan-to-value percentage ratio. Unfortunately, there is not a uniform ratio.

Reverse Mortgages - 90% of Senior Homeowners Were Satisfied With Their Lender

reversemortgagecity — Tue, 01 Apr 2008 19:24:13 -0500

Reverse Mortgages have become a common retirement tool for senior homeowners and a recent study by the AARP showed that nearly 90% of those surveyed said they were satisfied with their lender.

Refinancing A Reverse Mortgage - Is It Right For You?

reversemortgagecity — Sat, 29 Mar 2008 14:06:06 -0500

With interest rates low and home values up, is now the right time to refinance your Reverse Mortgage?

Reverse Mortgages On Declining Values

reversemortgagecity — Thu, 27 Mar 2008 14:36:05 -0500

Falling home prices are putting pressure on homeowners across the country. What do the declining home values mean to your Revere Mortgage or your chances of getting one.

Reverse Mortgages vs. Equity Sharing Programs - Separating Fact from Fiction

reversemortgagecity — Mon, 24 Mar 2008 13:49:06 -0500

In an article in the Seattle Times, reporter Elizabeth Rhodes reports on the rise of equity sharing programs and how they are better than Reverse Mortgages because they don't "charge interest." The article reads more like a cheesy sales pitch than an investigative piece of journalism and unfortunately for Ms. Rhodes she completely misses the mark on many issues.

Reverse Mortgages - What influences homeowners' decisions? Part Two

reversemortgagecity — Thu, 20 Mar 2008 20:10:26 -0500

Reverse Mortgages are increasingly become a popular tool with senior homeowners to provide a more comfortable retirement. But for those who decided against a Reverse Mortgage, what did they cite as their reasons?

Reverse Mortgages - What influences homeowners' decisions?

reversemortgagecity — Tue, 18 Mar 2008 13:52:50 -0500

Reverse Mortgages have become more and more common within the last few years, but are they right for you? What we once thought of as a niche product with limited reasons to take one out, we are now seeing a new trend towards Reverse Mortgages as a staple of retirement planning.

Reverse Mortgages - "What ways can I get the procedes?"

reversemortgagecity — Mon, 17 Mar 2008 19:18:04 -0500

Reverse Mortgages allow many different ways to utilize the equity in your home as a tool to finance a more comfortable retirement, pay for medical bills or many other reasons. The question everyone has when they are considering a Reverse Mortgage is, "How can I get the procedes?"