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Tag Archives: equity
Owning a House
Home ownership…the American Dream! Two kids, a dog and a cat, a white picket fence and a mortgage, what more could you want? We were doing pretty good until we got to the part about a mortgage, that part’s not so exciting! Does the bank own your house or do you? Continue reading
HELOC Mortgage
This is the final in a 3 part series of articles addressing Reverse Mortgages, sometimes call Equity Conversions or Equity Release.
In this article we will address an alternative solution to Reverse Mortgages or a New Way of thinking…HELOC Mortgage or Home Equity Line of Credit.
Fortunately, for the majority of families with good fiscal responsibility, there is another methodology that can be used to accomplish the same thing at zero (0) costs Continue reading
Equity Conversion
In our last post we talked about some of the positive aspects of an Equity Release Loan, also called a Reverse Mortgage or a Home Equity Conversion Mortgage.
So you can make a better decision, in this article we’ll talk about some of the negative features of an Home Equity Conversion Mortgage (HECM). Continue reading
