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Uncovering Reverse Mortgage Myths & Misconceptions

By admin on August 1, 2011

Have you been considering a reverse mortgage but are just afraid of some of the negative things you’ve heard? There are some negative myths that senior borrowers have heard about this type of financing that simply aren’t true and we’re going to expose some of those here. Myth #1 The Lender gets my house. This [...]

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Loan Modification – Striking Out the Misconceptions

By admin on August 5, 2010

People are often afraid of what they do not completely understand. Thus, it is not really surprising that many homeowners are wary about loan modification even if they are already finding it quite difficult to keep their monthly home loan payment simply because they either have completely no idea what this term means or they [...]

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The Many Misconceptions About Mortgages

By admin on November 12, 2009

There are many misconceptions about mortgages which I hope this article will put right. Often referred to as a mortgage home loan, they are not a loan in the traditional meaning of the word. There are three terms that you need to learn that are used: the first is mortgagor (the property owner), the mortgagee [...]

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