By admin on August 21, 2010
It is hard to deny that we live in a consumer driven society. Advertisements urge us to buy the biggest and the best everywhere we go. It is no wonder then how people can quickly push themselves far into debt by taking out large loans to cover the expense of purchasing these items. [...]
Posted in Business and Finance | Tagged how, it, mortgage, much, reverse, too
By admin on August 19, 2010
When most people are thinking about applying for a loan, they have a level of fear that they may not qualify to borrow the money that they would like to. It you have this fear, you might want to take some things into consideration before you go to apply for the loan.
Probably one of [...]
Posted in Business and Finance | Tagged apply, mortgage, reverse, to, when
By admin on August 3, 2010
“I don’t think a reverse mortgage is for me, I planned for my retirement!” Does this sound like something you are thinking or have thought? Then you are not alone.
We have had so many borrowers tell us that they thought they had planned adequately for their retirement and never thought they would need a reverse [...]
Posted in Business and Finance | Tagged for, is, mortgage, reverse, right, the, you
By admin on August 1, 2010
When you take out a mortgage or a loan from a creditor or financial institution that is a member of the American Bankers Association, you would need to fill in a number of different forms. One particular form you may be required to complete if you are taking out a loan or mortgage from [...]
Posted in Business and Finance | Tagged about, bond, broker, form, indenture, learning, more, mortgage, the
By admin on July 28, 2010
It may surprise you to hear a reverse mortgage lender saying this but it is true. The loan is intended to be the last loan you will ever need and not a short term financial instrument.
Borrowers looking for a short term loan may be better suited for a different type of financing as reverse [...]
Posted in Business and Finance | Tagged a, definitely, everyone, for, is, mortgage, not, reverse
By admin on July 22, 2010
Debt is very much a part of life for many people and this is not necessarily a bad thing. Loans are often the only means for some people to make the next step in their lives or to acquire the things that they have worked so hard to achieve. The basic thing that [...]
Posted in Business and Finance | Tagged avoid, debt, do, excessive, how, i, mortgage, reverse
By admin on July 20, 2010
A second mortgage normally refers to a secured loan that is subordinate to another loan against the same property. A property can have multiple loans or against it. The loan which is registered with county or city registry first is called the first mortgage. The loan registered second is called the second mortgage.
Second mortgage repayment [...]
Posted in Business and Finance | Tagged basics, loans, mortgage, of, second, the, understanding
