Can I apply if I didn't buy my present house with FHA mortgage insurance?
banking, credit, discount, economics, finances, health, interest, longevity, mortgage, news, retirement, reversemortgage, seniors, travel 9:06 PM
Closing Costs Other closing costs that are commonly charged to a reverse mortgage borrower, include: Credit report fee. Verifies any feder...
17 Dec 2010 / 1 Comments / Read More
Yes. It doesn't matter if you didn't buy it with an FHA-insured mortgage. Your new FHA HECM will be FHA-insured....
16 Dec 2010 / 1 Comments / Read More
To be eligible for a FHA HECM, the FHA requires that you be a homeowner 62 years of age or older, own your home outright, or...
16 Dec 2010 / 0 Comments / Read More
A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The ...
16 Dec 2010 / 1 Comments / Read More
The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program which enables you to withdraw some of the equity in your home....
16 Dec 2010 / 0 Comments / Read More
MORTGAGE
A Reverse Mortgage for Less
A reverse mortgage offers a way to get at the equity in a home that might not otherwise be accessible. The chief complaint has always been...
17 Dec 2010 / 3 Comments / Read More
MORTGAGE
FHA Extends $625,500 Loan Limit for HECMs
FHA Extends $625,500 Loan Limit for HECMs - December 01, 2009 The Federal Housing Administration today published Mortgagee ...
17 Dec 2010 / 2 Comments / Read More
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Can I apply if I didn't buy my present house with FHA mortgage insurance?
Posted by OscarNOW
on 9:06 PM.
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Consider construction perm loans if you need money to get a construction project off the ground. The Cardinal Financial Company provides a building loan with a long repayment period. It is anticipated that this loan will be turned into a mortgage as soon as the home's construction is done. Rae Drake is on hand to make the process of acquiring this loan as simple as possible.