As you know reverse mortgage is something that is only available to seniors who are over the age of 62 and are eligible. There are two main types of mortgages that are categorized under reverse mortgages. These are called Home Equity Conversion Mortgage (HECM) and Non – Home Equity Conversion Mortgage (Non-HECM). Firstly, we will [Continue]

This topic can be divided into three different sub-categories. Cancellation, termination which takes place automatically and final termination. Firstly we will look at cancellation and how to proceed for this to occur. You may be aware of the Homeowners Protection Act of 1998. Under this legal act, it said that any homeowner can request the [Continue]

This article will apply to you if this is a question you are asking yourself: I currently own a home, but I want to sell and buy another one. Should I buy first and then sell after, or should I sell first and buy after? Someone home owners sell their home and in the end [Continue]

There are many people with bad credit. If you are one of them, it might be difficult to obtain a mortgage loan. However, the the ability to obtain a mortgage does not solely depend on your credit. Other key factors that play important roles include; your current income, your job status, your savings and your recent [Continue]