In a reverse mortgage, the borrower holds the title and ownership of the home, while the lender holds a lien on the property as security for the loan.This unique financial tool, designed specifically for senior citizens, allows you to increase your income while still living in the home you’ve invested […]
Best Time of the Month for Closing On a Home
There are several options you need to consider when choosing the closing date on your mortgage. However, there are 3 primary choices that will help determine how much your closing costs will be on your closing date and the impact on the timing of your first mortgage payment. This enables […]