Browse: Home / FHA insurance
By Admin on January 26, 2009
This is a recent article (Jan 22, 2009) from the Wall Street Journal Online about Reverse Mortgages by Jilian Mincer: Demand for Reverse Mortgages Climbs. It is well written and describes the current market environment well, but there are a couple of generalizations that might be misleading. The statement that, “consumers … must own all or [...]
Posted in Reverse Mortgages | Tagged FHA insurance, HECM, home equity conversion mortgage, reverse mortgage |
By Admin on January 21, 2009
Dr Rhumond Tonique would like to wish his friends in businesses related to real estate a prosperous New Year and remind you that beginning this year, FHA insured Home Equity Conversion Mortgages (HECMs), also known as reverse mortgages, will be able to be used to purchase real estate. These are government regulated, FHA-insured loans with [...]
Posted in Reverse Mortgages | Tagged FHA insurance, HECM, home equity conversion mortgage, reverse mortgage |
By Admin on January 8, 2009
Is your financial party over? Has the fun gone out of your money or the money gone out of your fun? Ensure that you do have a Happy New Year by getting your financial house in order. If you are over 62, with equity in your home, you may qualify for an FHA-insured reverse mortgage [...]
Posted in Reverse Mortgages | Tagged FHA insurance, HECM, home equity conversion mortgage, reverse mortgage |
By Admin on December 15, 2008
Reverse Mortgage FAQs A reverse mortgage is a type of mortgage loan that enables people 62 or older to access the equity in their homes without giving up title or taking on the burden of monthly payments. This type of loan is designed to help and protect the older borrower, and is regulated by [...]
Posted in Reverse Mortgages | Tagged Add new tag, FHA insurance, HECM, home equity conversion mortgage, reverse mortgage |