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How Does a Reverse Mortgage Work-Get the Details

By admin on February 11, 2010

Reverse mortgages are becoming more readily available and popular as a financing option for seniors, but how does a reverse mortgage work? These mortgages are generally used by seniors who have accumulated a substantial amount of equity in their home. Lenders require the borrower to be at least 62 years of age. Reverse mortgages are [...]

Posted in Business and Finance | Tagged a, details, Does, how, mortgage, reverse, the, workget | 1 Response

Multiple Appraisals for a Construction Loan? The Details an Owner Builder Needs to Know

By admin on October 12, 2009

If you want a mortgage, you need a real estate appraisal. If you want to be an owner builder and need a construction loan, you will need two appraisals wrapped into one. An owner builder construction loan will require an appraisal prior to construction and one follow-up appraisal upon completion. Knowing the details [...]

Posted in Business and Finance | Tagged a, an, appraisals, builder, construction, details, for, know, loan, multiple, needs, owner, the, to | Leave a response

details

How Does a Reverse Mortgage Work-Get the Details

Multiple Appraisals for a Construction Loan? The Details an Owner Builder Needs to Know

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