Monthly Archives: October 2010

Convert your Home Equity into Cash Money without Changing the Ownership

If you are 62 years of age or older and are in need of urgent cash, the idea for applying reverse mortgage loan is a good option. You may find yourself in a situation when you need cash but cannot … Continue reading

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Top 5 Factors for Applying Reverse Mortgage Loans

Senior citizens are always afraid to apply for loans to maintain their lifestyle and way of living. They are always in fear that the lender will take away their home in return of the loan or they will be burdened … Continue reading

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Poor 401(k) Performance Causes Increase in Reverse Mortgages Issued

Let’s face it. The current economic atmosphere is almost absent of 401(k) gains. The massive losses taken in the 401(k) arena is leaving senior homeowners struggling financially. Home Equity Conversion Mortgages, or HECMs, have been around for over 20 years. … Continue reading

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Reverse Mortgages in California, Florida, and Arizona

Now that homes are upside down in the states of California, Florida, and Arizona, the regions hit hardest by the economic collapse, seniors are looking for ways to supplement their income to keep their home and memories.  Seniors that took … Continue reading

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