Is The Interest Rate On A Home Equity Conversion Loan Competitive

Dated: 09/28/2017

Views: 1209

This loan sounds too good to be true.  What is the catch?  
Am I going to get 'dinged' because I don't make an interest payment? 


Here are the basics:

  • one borrower must be a min of 62 years old

  • put as little as 40% down on your home

  • keep paying Taxes, Insurance and HOA

  • and never, never make a mortgage payment again.


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Irene Hammond

My goal is to assist you in finding the community and the home within that community where you will be happiest and to do it in as stress free a manner as possible. Together we will discover a place w....

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