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Super Size Your Reverse Mortgage

green house.jpgBusinessWeek provided information on "jumbo" reverse mortgages and additional resources on reverse mortgages in their latest edition.

Most of the key decisions discussed apply to considering a jumbo as well as a smaller reverse mortgage
http://www.aarp.org/money/revmort/revmort_decisions/   Calculate the size of the jumbo reverse mortgage you could get from one lender.
http://www.financialfreedom.com/ReverseMortgageCalculator/   Search for “reverse mortgage” to get information on the Housing & Urban Development Dept.’s HECM reverse mortgage and to find HUD housing counselors who may be able to answer your questions.
www.hud.gov   The trade group representing reverse mortgage lenders offers a consumer guide, Just the FAQs: Answers to Common Questions about Reverse Mortgages
www.reversemortgage.org

Posted on Saturday, January 27 by Registered CommenterWise Owl in | Comments Off