What if your client only owns half the house? And the other owner can’t sign – can you get them a loan?
Nancy was in just that bind. She inherited ½ of her aunt’s house - her brother inherited the other half. She needed to borrow money right away for repairs to the house-– the problem [...]
Money has become the part and parcel of life. So, to live happy and satisfactory life, one has to earn the needed money using any source. People who are earning themselves by running their own business find quite difficult in showing their income proofs. Their earnings can be varied from one month to another. Thus, [...]
The federal government has made the terms of the reverse morgage loan as flexible as possible, so that most of the seniors age 62 or over could get this loan, if they want. One thing, which helps a lot is the compulsory mortgage insurance, which means that the lender will always get his money and [...]