Reverse Mortgage

Eggie asked: I am going to buy my first house and since i have 20% down, I don’t have to buy the private mortgage insurance. Since i am sure I will pay off my house within 5 years, my friend does not suggest me to waste money in the mortgage protection insurance. however, I would [...]

Christopher asked: Would I have the best gains with my current 30 fixed at 8 % or put myself in a better position by getting a reverse mortgage for now, knowing that I am going to sell in four years? I am 72 and my payment is 488.00 excluding taxes and insurance. The cost of [...]

marindaalexis asked: I do not mean home owners insurance I mean mortgage insurance… if the mortgage insurance was not authorized and signed at the closing can the lender or servicer force place it at a later date without any consent of the borrower?

walter ego asked: According to the will my husband cannot sell the house unless his deceased fathers girl-friend chooses not to live in it. There is a balance left on the mortgage, and the will states that she can live in it as long as she wants, but she doesn’t have to pay rent,but she [...]

mrwzl asked: I am trying to find – without any luck – data on how many leads are generated, sold, and bought each year. Also, the average value (or cost) of a lead. Obviously, leads in different categories are worth different values. Broken down by category preferred, but aggregate data would work, too. Sources should [...]

Jon H asked: I have created a simple mortgage calculator which will work out the mortgage payments for a specific loan to value (5%, 10%, 15% down etc) and it will add mortgage insurance and calculate the income required. How do i add a formula which will work out the mortgage insurance for any down [...]

lil_shortiesunshine asked: My husband, myself and our kids, are living with his parents, for the past six months. We both have very poor credit and are in desparate need of our own place. We now can afford our own place but cannot get a loan to purchase one. We have down payment in hand, and [...]

DALIAN asked: If a wife worked and saved all her money in her bank account while the husband worked and paid all expenses, such as mortgage, taxes, insurance, food, utilities etc. The wife refuses to pay any family expenses. This has been for about 10 years.Create a video blog…instantly.

tygger asked: I found this mortgage calculator provided by a home builder. This one not only includes Principle and Interest, it also appears to include Taxes and Insurance (although, not sure how accurate). In the link, click up top on “How much can I afford” and select “Find out how much my monthly payment would [...]

docatsun38 asked: What are the many ways that seniors can raise money without actually spending any money or investing? Example: reverse mortgage; life settlement (sale of their life insurance policies)… and what else? Each of these provides money for the senior without cost.Content