Reverse Mortgages

Some articles on reverse mortgages, reverse mortgage, mortgage:

Reverse Mortgage - Criticism
... Reverse mortgages have been criticized for several major shortcomings High up-front costs make reverse mortgages expensive ... reverse mortgages can cost $8,000 or more to enter into, as compared with other types of loans which often cost less than $5,000 ... The interest rate on a reverse mortgage may be higher than on a conventional "forward mortgage" even though the collateral – the real property – is the same ...
Reverse Mortgages in The United States - Loan Size
... Reverse mortgages for homes valued over the maximum limit are called "Jumbo" reverse mortgages, and are generally offered as proprietary reverse mortgages ...

Famous quotes containing the word reverse:

    We came home from the ridotto so late, or rather so early, that it was not possible for me to write. Indeed we did not go ... till past eleven o’clock: but nobody does. A terrible reverse of the order of nature! We sleep with the sun, and wake with the moon.
    Frances Burney (1752–1840)