Reverse Mortgage

instructionald asked: My folks are 78 yrs old, have no savings and limited income. Their house is a 2 family worth 500,000. They are considering a reverse mortgage. Is it a good idea?Content for WordPress

uhohwhatswrong asked: I am on this quest to buy a home, and am trying to figure out what I should expect when it comes to applying for a mortgage. I intend to buy in a year, which gives me time to get my credit in the best shape possible as well as save for that [...]

Nitha asked: One of our co – worker cried about his family problems like mother’s ill health, son’s education etc etc and asked a good amunt of money as help on returnable basis. However, after getting his share of help, he became unresponsive and slowly it is turning into bad debt. The worry is the [...]

CLARE M asked: in the state of ConnecticutWebsite content

Renee S asked: The mortgage was placed before I moved in. I don’t know the details, but I want to stay. If it must be paid, does it have to be a lump sum or paid out over time like a “forward” mortgage?Website content

roman_eagle_ma asked: are no income verification loans, still beig offered for home mortgages? or have they tighted that option up?Content

callie asked: I have separated and want to buy a home of my own but need to be a first time home owner to qualify for the loan. Did i actually own the home if i was never on the deed but only on the mortgage? He has recently refinanced and i am no longer [...]

mark.myers49 asked: if so how and when can we refinance using this gov. billContent for WordPress

Chris asked: I am refinancing my mortgage to consolidate debt. The current mortgate and HELOC are listed in the mortgage documents, but the other loans, ie credit cards, student loans are not listed and will be paid from the cash I receive at close. Is the cash-out portion considered income that I will have to [...]

leclercnlakenona asked: Planning on buying a home, but have racked up some credit card debt. I want to know if I purchase a home, can I consolidate some of my credit card debt as part of the mortgage?Content