What is A Reverse Mortgage?

What is A Reverse Mortgage ? In a word, a reverse mortgage is a loan. A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment, or line of credit.

How to Get Pre-Approved for a VA Home Loan 2022

For Veteran and military homebuyers, this journey doesn’t look much different than the process for other types of home loans. The big differences come in more when you look at the advantages VA loans offer, from $0 down payment and no mortgage insurance to flexible credit guidelines and the industry’s lowest average interest ratesrates. You’ll … Read more