How Long Does It Take To Use The Equity In My Home With A Reverse Mortgage

Dated: 11/20/2017

Views: 6

If I am not makng ahouse payment,

and interest is acrewing...

How long does it take for the equity in my home to get used up?

In this converation, we disucss how long it takes for the equity to be obsorbed.



Here are a few of the earlier posts on Home Equity Conversion Morgages (HECM or Reverse Mortgage)

Is The Interest Rate On A Home Equity Conversion Loan Competitive 

What Is A Home Equity Conversion Mortgage And Could It Be Right For Me 

Irene Hammond

My goal is to assist you in finding the community and the home within that community where you will be happiest and to do it in as stress free a manner as possible. Together we will discover a place w....

Want to Advertise on this Site?

Latest Blog Posts

How Long Does It Take To Use The Equity In My Home With A Reverse Mortgage

If I am not makng ahouse payment,and interest is acrewing...How long does it take for the equity in my home to get used up?In this converation, we disucss how long it takes for the equity to be

Read More

SHORT SALE AND FORECLOSURE HOW ARE THEY DIFFERENT

As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on

Read More

FIVE MONEY SAVING GREEN UPGRADES

Going green is great for the environment, but that’s not the only benefit. When you make green upgrades in your home, it can also lead to some major savings.Solar panels: The upfront cost is

Read More

WHICH DOWN PAYMENT STRATEGY IS RIGHT FOR YOU

You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and

Read More