Understanding Reverse Answers to 30 Common Questions - Simplifying the New Reverse Mortgage |
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| Author:
| Hultquist, Dan |
| ISBN: | 978-1-5029-1341-8 |
| Publication Date: | Oct 2014 |
| Publisher: | CreateSpace Independent Publishing Platform
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| Book Format: | Paperback |
| List Price: | USD $19.95 |
Book Description:
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What is a Reverse Mortgage? Is it more than a loan program for those who are "house-rich, but cash poor"? How does the "non-recourse feature" protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage. It should be read by baby boomers,...
More DescriptionWhat is a Reverse Mortgage? Is it more than a loan program for those who are "house-rich, but cash poor"? How does the "non-recourse feature" protect homeowners and their heirs? Can the available line-of-credit and its growth rate be used for insurance and financial planning purposes? This book answers these questions and many more in a user-friendly way, and may be the most comprehensive educational tool available on the New Reverse Mortgage. It should be read by baby boomers, retirees, older adults with mortgages, heirs, financial planners, housing counselors, HECM counselors, Realtors, brokers, financial journalists, mortgage professionals, estate planners, and of course all homeowners who want greater assurance that they can comfortably grow older in their own homes.