Comments on: What Is a Reverse Mortgage?

By: Mike

Mike — Fri, 19 Jun 2009 01:46:15 +0000

You neglected to mention something that can be truly awful about reverse mortgages:

SOMEONE CAN NOW TAKE YOUR HOUSE AWAY FROM YOU, if you cannot make the payments.

The definition of “informative articles” includes mentioning potential down-sides of the topic under discussion.

Also, you might bone up on your English more. It’s about at the level of expectation for an eighth grader. A number of sentences show incomplete mastery, and a couple are simply unclear as to what is being said. There are numerous resources you can use; I look forward to your better mastery, sir!

By: Charles King

Charles King — Fri, 11 Jul 2008 12:16:39 +0000

Really nice article about Reverse mortgage. I will obviously try to spread out this article.

By: How Do Reverse Mortgages Work? at Mortgage Calculators - Home Mortgage Loan Calculator

Mon, 07 Jan 2008 09:01:06 +0000

[...] or another family member, but it’s usually unlikely that you will sell it and move again. Reverse mortgages were created for people aged 62 or over so that they can take the equity that has been built in [...]

By: moneysaving

moneysaving — Tue, 23 Oct 2007 09:59:04 +0000

Thank you for clearing this reverse mortgage system!

By: Federal mortgage lending laws

Federal mortgage lending laws — Fri, 19 Oct 2007 18:08:32 +0000

[...] applicants must seek free financial counseling to make sure the borrower completely understands what is a reverse mortgage and how one is [...]