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ByMike Gracz
Posted on
In this blog, we will cover the mortgage due-on-sale clause when you inherit a house with a lien. If you are inheriting a property with a mortgage, you may wonder if the mortgage due-on-sale clause is relevant to you. The mortgage due-on-sale clause is a provision in mortgage loans that gives the lending company the…
ByDale Elenteny
Posted on
In this blog, we will discuss and cover FHA reverse mortgages for senior homeowners. Homeowners who are 62 years old or older can qualify for FHA Reverse Mortgages. Reverse Mortgages are ideal for retired homeowners with limited fixed income such as pension or social security income. Seniors with not enough income to qualify for a traditional…
ByMike Gracz
Posted on
This Blog On The Pros And Cons Of Home Equity Conversion Mortgage Was Written By Mike Gracz There are the pros and cons of home equity conversion mortgage. A government-insured Home Equity Conversion Mortgage (HECM) offered the Federal Housing Administration (FHA) is one type of mortgage loan program commonly referred to as a reverse mortgage…
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