By Mary Rose Matthew September 21, 2006
I've had excellent experience with this company. ...read more
A reverse mortgage is a way for senior citizens to earn monthly income against the value of their home that is paid off in full. If the applicant then wants to resolve the reverse mortgage, they will need to pay off the total amount of payments, or take out a traditional mortgage in order to stop the ... ...read more
We pay interest on real estate loans for the same reason we pay interest on other loans: because borrowing someone else's money is a convenience. And we pay interest on borrowed money because someone took a risk in lending it to us and allowing us to pay it back over time. To avoid this, you must buil... ...read more