Eligibility Requirements for a Reverse Mortgage Loan
Generally, to be qualified for a reverse mortgage loan, the youngest homeowner has to be 62 years of age or older and have adequate home equity. Also, you have to meet financial eligibility guidelines as set up by HUD. Deciding whether there’s adequate equity in the...
Why Liability Insurance Policies Should Not Be Considered Optional
The whole point of having insurance is to be prepared for events that the insured party hopes never come to pass, but that will help with the expense if one of those events does occur. For this reason, it pays to make sure the coverage does include Liability Insurance...
What Should You Know About Purchasing Auto Insurance in Lynnwood?
Knowing the auto insurance laws of the state one lives in is crucial for being sure the right level of coverage is purchased. If a person does not have auto insurance, they can quickly be subjected to fines or the loss of their license. Although it is a requirement to...
4 Myths about Reverse Mortgages
There are many different reasons why HECM or Home Equity Conversion Mortgages, sometimes called reverse mortgages, are a great financial tool for seniors. Of course, as with any borrowing option, they aren't right for everyone at every time of life. Understanding the...
Reduce Unnecessary Worries With Small Business Tax Services
The average small business owner has plenty to worry about. There are the day-to-day operations to oversee, employee concerns, the need to keep clients happy and expenses that always seem to be increasing. One thing that they should not have to concern themselves with...
Home Equity Conversion Mortgage: How Much Do They Cost?
Let’s face it – researching different mortgages and sifting through different loan rates to find the best deal can be tough. The market isn’t always as transparent and easy to navigate as you think it is. When it comes to reverse mortgages, HECM – Home Equity...
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