		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Reverse Mortgage Fees To Decrease Starting November 1

Reverse Mortgage Fees To Decrease Starting November 1

This is a discussion on Reverse Mortgage Fees To Decrease Starting November 1 within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The vast majority of seniors age 62 or older (90%+) who get a reverse bmortgage/b go through the FHA Home ...

Google Ads Advertisement

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.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-27-2008, 02:17 PM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,872.20
How To Earn By Posting?

Reverse Mortgage Fees To Decrease Starting November 1

The vast majority of seniors age 62 or older (90%+) who get a reverse bmortgage/b go through the FHA Home Equity Conversion Mortgage (HECM) program. Prior to November 1, seniors could borrow against the lesser of either their home’s value b.../b

More...

(Source: Google Blog Search)

Tags

decrease, fees, mortgage, november, reverse, starting

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Reverse Mortgage Rates – November, 25 2008	Administrator	Mortgage Know-How	0	11-25-2008 07:06 PM
Don’t Let Bank Fees Take a Bite Out of Your Wallet \| Reverse	Administrator	Mortgage Calculator	0	11-23-2008 12:25 AM
Reverse Mortgage Rates – November, 11 2008	Administrator	Mortgage Know-How	0	11-11-2008 06:29 PM
Reverse Mortgage Origination Fees Decoded	Administrator	Mortgage Know-How	0	11-10-2008 08:24 AM
Problems with Reverse Mortgages are starting	Administrator	Mortgage Problems and Solutions	0	07-28-2008 06:20 AM

Bookmark this thread

Share |

« Mortgage Threat From Hedge Funds Irks Democrats | What Happens to Mortgage Rates When the Fed Cuts? »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion Reverse Mortgage Fees To Decrease Starting November 1 in printable format

All times are GMT. The time now is 06:45 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive