Reverse Mortgages

Name: Reverse Mortgages
Brand: Nova Science Publishers Inc
SKU: 9781622579655
Price: 1847.25 RON
Availability: InStock

Elements, Considerations & Market Developments

Autor: Meghan Galloway, Richard Kantor

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Legare: Copertă tare

Editura: Nova Science Publishers Inc

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1 847.25 lei

A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mort...

Informații despre carte

Autor

Meghan Galloway, Richard Kantor

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2013

Pagini

175

EAN

9781622579655

ISBN

9781622579655

Enbook ID

06438603

Editura

Nova Science Publishers Inc

Greutate

546

Dimensiuni

184 x 262 x 17

Descriere completă

A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner''s insurance. Reverse mortgages allow seniors to access the equity they have built up in their homes now, and defer payments of the loan until they die, sell, or move out of the home. The original purpose envisioned for reverse mortgages was to convert home equity into cash that borrowers could use to help meet expenses in retirement. Borrowers could choose between an income stream for everyday expenses, a line of credit for major expenses (such as home repairs and medical expenses), or a combination of the two. This book examines the changes that have taken place in the marketplace and in the consumers who use reverse mortgages, with a focus on consumer protection concerns.

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Reverse Mortgages

Elements, Considerations & Market Developments

Informații despre carte

Descriere completă

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Clienții care au cumpărat această carte au mai cumpărat și