Reverse Mortgages

Name: Reverse Mortgages
Brand: Nova Science Publishers Inc
SKU: 9781622579655
Price: 353.38 EUR
Availability: InStock

Elements, Considerations & Market Developments

Автор: Meghan Galloway, Richard Kantor

Език:

Корици: С твърди корици

Издател: Nova Science Publishers Inc

Наличност: 50% вероятност

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A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mort...

Информация за книгата

Автор

Meghan Galloway, Richard Kantor

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2013

страници

175

EAN

9781622579655

ISBN

9781622579655

Enbook ID

06438603

Издател

Nova Science Publishers Inc

Теглоt

546

Размери

184 x 262 x 17

Пълно описание

A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner''s insurance. Reverse mortgages allow seniors to access the equity they have built up in their homes now, and defer payments of the loan until they die, sell, or move out of the home. The original purpose envisioned for reverse mortgages was to convert home equity into cash that borrowers could use to help meet expenses in retirement. Borrowers could choose between an income stream for everyday expenses, a line of credit for major expenses (such as home repairs and medical expenses), or a combination of the two. This book examines the changes that have taken place in the marketplace and in the consumers who use reverse mortgages, with a focus on consumer protection concerns.

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Reverse Mortgages

Elements, Considerations & Market Developments

Информация за книгата

Пълно описание

Може също да ви хареса

Клиенти, които купиха тази книга, купиха също