Reverse Mortgage Rules Changing

Date August 12, 2007

There is a growing number of senior homeowners applying for a reverse mortgage – a special type of mortgage for persons over age 62 that uses their home equity to generate an added income. The number of reverse mortgage borrowers will soon grow dramatically, that is if the proposed American Homeownership Act of 2007 is [...]

Posted in All Things San Diego, Helpful Hints, Lending, Local Business, Real Estate, Taxes, Things of Interest Comments No Comments »