Archive for the ‘Mortgage’ Category »
Jun 02 2008
Reverse Mortgage Lender
Posted by virayvibe
Reverse mortgage loan is available only for citizens, 62 years or more. These loans differ from regular mortgages, that the owner does not pay a monthly fee, but the lender pays. The lender will pay a lump sum, monthly, a credit line of periodicals, or a combination thereof directly to the owners or “borrower”.