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The Pocket Idiot's Guide to Reverse Mortgages

2005 Business & Economics
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Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : 776/5 ( reviews)

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Book Synopsis The Pocket Idiot's Guide to Reverse Mortgages by : Jennifer A. Pokorny

Download or read book The Pocket Idiot's Guide to Reverse Mortgages written by Jennifer A. Pokorny. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: What are they? How do they work? What do they do? There are more than 100,000 active reverse mortgages in the U.S. today, and the number is growing. If Social Security benefits are excluded, about half of all senior citizens would fall below the poverty line based on their income, and for many people over 65, much of their wealth is concentrated in their home equity. As health care costs rise, many people are turning to reverse mortgages for supplemental income. This book outlines, informs, counsels, and lays out the facts on reverse mortgages. -Anticipation of Social Security problems is increasing the popularity of reverse mortgages -More people are expected to turn to reverse mortgages to supplement their income -The Consumers Union of U.S. Inc. says that AARP, HUD, Fannie Mae, and the reverse mortgage industry all agree on the importance of high-quality reverse mortgage counseling and information

Reverse Mortgages For Dummies

2011-01-11 Business & Economics
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Release : 2011-01-11
Genre : Business & Economics
Kind : eBook
Book Rating : 089/5 ( reviews)

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Book Synopsis Reverse Mortgages For Dummies by : Sarah Glendon Lyons

Download or read book Reverse Mortgages For Dummies written by Sarah Glendon Lyons. This book was released on 2011-01-11. Available in PDF, EPUB and Kindle. Book excerpt: For seniors who live on a fixed income, owning a home—and keeping it—can be financially challenging. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything—even mortgage payments, living expenses, or medical costs. Reverse Mortgages For Dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans—and keep the home you love. Covering a full range of reverse mortgage options and topics, you’ll discover how to: Decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Find a counselor who can help you Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, and John Lucas, an experienced reverse mortgage specialist, Reverse Mortgages For Dummies explains these helpful loan products in simple, easy-to-understand language free of all the jargon. Once you understand how reverse mortgages differ from other loans—and what you could do with your reverse mortgage—the book covers the specifics you need to find the right loan for you, including: Special advice for adult children helping their senior parents secure a loan How to get a reverse mortgage and keep your second home legally Property requirements and financing fees Selecting among a multitude of lenders Spending and estimating leftover equity Sharing the decision-making process with family and loved ones If you’re a senior wondering whether a reverse mortgage can help you keep your home, this book gives you the information you need to make smart, informed decisions that are vital to you, and your family’s, security. Reverse Mortgages For Dummies will help you keep your home and live the life you want.

The Complete Idiot's Guide to Mortgages, 2E

2006-08-01 Business & Economics
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Release : 2006-08-01
Genre : Business & Economics
Kind : eBook
Book Rating : 810/5 ( reviews)

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Book Synopsis The Complete Idiot's Guide to Mortgages, 2E by : Edie Milligan Driskill

Download or read book The Complete Idiot's Guide to Mortgages, 2E written by Edie Milligan Driskill. This book was released on 2006-08-01. Available in PDF, EPUB and Kindle. Book excerpt: It pays to be in the know about mortgages. An expanded and revised version of The Pocket Idiot's Guide to Mortgages, this essential volume covers everything homebuyers and re-financers need to know. Coverage includes an overview of the application process, overcoming qualification hurdles, finding the right type of loan, when and how to refinance to save money, and much more. * Contains the forms readers need as they move through the mortgage process, including a sample application, pre-qualification forms, re-finance worksheets, and mortgage payment and amortization tables * Expanded, larger-format edition * Features all the new, creative mortgage programs that have become popular

The Reverse Mortgage Book

2008 Business & Economics
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Release : 2008
Genre : Business & Economics
Kind : eBook
Book Rating : 138/5 ( reviews)

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Book Synopsis The Reverse Mortgage Book by : Cindy Holcomb

Download or read book The Reverse Mortgage Book written by Cindy Holcomb. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: As reverse mortgages become more popular, it is important for senior citizens to understand this unique loan. This book explains everything you need to know in easy to understand terms.

The Complete Guide to Reverse Mortgages

2007-08-01 Business & Economics
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Release : 2007-08-01
Genre : Business & Economics
Kind : eBook
Book Rating : 025/5 ( reviews)

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Book Synopsis The Complete Guide to Reverse Mortgages by : Tammy Kraemer

Download or read book The Complete Guide to Reverse Mortgages written by Tammy Kraemer. This book was released on 2007-08-01. Available in PDF, EPUB and Kindle. Book excerpt: Get the most from your home! Until recently, there were only two main ways you could get cash from your home: sell it or borrow against it and make monthly loan repayments. Reverse mortgages offer a third way of getting money from your home. If you are a homeowner, age 62 and older, you are eligible to apply for a reverse mortgage loan that converts your home equity into a tax-free income. With The Complete Guide to Reverse Mortgages, you’ll learn all you need to know to earn the supplemental income you need, without worrying about: • Having to sell your home • Giving up your title • Taking on a new monthly mortgage payment This invaluable guide explains everything you need to know about reverse mortgages and how to use them to your advantage. With practicing attorneys Tammy Kraemer and Tyler Kraemer leading the way, you will learn the step-by-step process to getting a reverse mortgage and making the best of your retirement!

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