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Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN

Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN

This is a discussion on Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Reverse mortgages are gaining in popularity as more seniors are reaping the benefits and feel comfortable using this relatively new ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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10-07-2008, 12:24 AM

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Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN

Reverse mortgages are gaining in popularity as more seniors are reaping the benefits and feel comfortable using this relatively new type of financial product. However, refinancing of these is often overlooked. ...

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good, idea, mortgage, obrien, refinancing, reverse, robin

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Refinancing A Reverse Mortgage - Some Considerations — by ROBIN OBRIEN	Administrator	Mortgage Refinancing	0	10-08-2008 01:56 AM
Refinancing A Reverse Mortgage - Some Considerations — by ROBIN OBRIEN	Administrator	Mortgage Refinancing	0	10-07-2008 06:18 PM
Refinancing A Reverse Mortgage - Some Considerations — by ROBIN OBRIEN	Administrator	Mortgage Know-How	0	10-07-2008 06:18 PM
Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN	Administrator	Mortgage Refinancing	0	10-07-2008 03:53 AM
Is Refinancing A Reverse Mortgage A Good Idea? — by ROBIN OBRIEN	Administrator	Mortgage Refinancing	0	10-07-2008 12:24 AM

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