Download or read book The Pocket Idiot s Guide to Reverse Mortgages written by Jennifer A. Pokorny and published by Alpha Books. This book was released on 2005 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are they? How do they work? What do they do? There are more than 100,000 active reverse mortgages in the U.S. today, and the number is growing. If Social Security benefits are excluded, about half of all senior citizens would fall below the poverty line based on their income, and for many people over 65, much of their wealth is concentrated in their home equity. As health care costs rise, many people are turning to reverse mortgages for supplemental income. This book outlines, informs, counsels, and lays out the facts on reverse mortgages. -Anticipation of Social Security problems is increasing the popularity of reverse mortgages -More people are expected to turn to reverse mortgages to supplement their income -The Consumers Union of U.S. Inc. says that AARP, HUD, Fannie Mae, and the reverse mortgage industry all agree on the importance of high-quality reverse mortgage counseling and information

Download or read book The Pocket Idiot s Guide to Mortgages written by Edie Milligan and published by Penguin. This book was released on 2003 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quick facts on everything from a first loan to a strategic refinance. This helpful guide reveals everything home owners and soon-to-be homeowners need to know in order to get the best deal. Coverage includes: ? Determining how much to spend ? The application process and overcoming qualification hurdles ? Finding the right type of loan and choosing a lender ? Closing day considerations ? When and how to refinance to save money

Download or read book The Complete Guide to Reverse Mortgages written by Tammy Kraemer and published by Simon and Schuster. This book was released on 2007-08-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get the most from your home! Until recently, there were only two main ways you could get cash from your home: sell it or borrow against it and make monthly loan repayments. Reverse mortgages offer a third way of getting money from your home. If you are a homeowner, age 62 and older, you are eligible to apply for a reverse mortgage loan that converts your home equity into a tax-free income. With The Complete Guide to Reverse Mortgages, you’ll learn all you need to know to earn the supplemental income you need, without worrying about: • Having to sell your home • Giving up your title • Taking on a new monthly mortgage payment This invaluable guide explains everything you need to know about reverse mortgages and how to use them to your advantage. With practicing attorneys Tammy Kraemer and Tyler Kraemer leading the way, you will learn the step-by-step process to getting a reverse mortgage and making the best of your retirement!

Download or read book The Complete Idiot s Guide to Mortgages 2nd Edition written by Edie Milligan Driskill and published by Penguin. This book was released on 2006-08-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: It pays to be in the know about mortgages. An expanded and revised version of The Pocket Idiot's Guide to Mortgages, this essential volume covers everything homebuyers and re-financers need to know. Coverage includes an overview of the application process, overcoming qualification hurdles, finding the right type of loan, when and how to refinance to save money, and much more. * Contains the forms readers need as they move through the mortgage process, including a sample application, pre-qualification forms, re-finance worksheets, and mortgage payment and amortization tables * Expanded, larger-format edition * Features all the new, creative mortgage programs that have become popular

Download or read book The Reverse Mortgage Book written by Cindy Holcomb and published by Atlantic Publishing Company. This book was released on 2008 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: As reverse mortgages become more popular, it is important for senior citizens to understand this unique loan. This book explains everything you need to know in easy to understand terms.

Download or read book Reverse Mortgages For Dummies written by Sarah Glendon Lyons and published by John Wiley & Sons. This book was released on 2011-01-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: For seniors who live on a fixed income, owning a home—and keeping it—can be financially challenging. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything—even mortgage payments, living expenses, or medical costs. Reverse Mortgages For Dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans—and keep the home you love. Covering a full range of reverse mortgage options and topics, you’ll discover how to: Decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Find a counselor who can help you Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, and John Lucas, an experienced reverse mortgage specialist, Reverse Mortgages For Dummies explains these helpful loan products in simple, easy-to-understand language free of all the jargon. Once you understand how reverse mortgages differ from other loans—and what you could do with your reverse mortgage—the book covers the specifics you need to find the right loan for you, including: Special advice for adult children helping their senior parents secure a loan How to get a reverse mortgage and keep your second home legally Property requirements and financing fees Selecting among a multitude of lenders Spending and estimating leftover equity Sharing the decision-making process with family and loved ones If you’re a senior wondering whether a reverse mortgage can help you keep your home, this book gives you the information you need to make smart, informed decisions that are vital to you, and your family’s, security. Reverse Mortgages For Dummies will help you keep your home and live the life you want.

Download or read book Personal Finance Desk Reference written by Ken Little and published by Penguin. This book was released on 2007-04-03 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: One-stop shopping for all things financial. Personal finances are becoming more and more complex, and this is the only comprehensive reference book on this sprawling subject. Beginning with the basics of financial planning (budgeting, interest, banking, insurance, and debt), this helpful guide goes on to cover everything people need to know about handling just about every aspect of their financial world, including investing, taxes, retirement, estate planning, and more.

Download or read book The Reverse Mortgage Revealed written by Mike Roberts and published by . This book was released on 2020-05-30 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated for 2021! The reverse mortgage is a fantastic financial tool, but it's not the perfect solution for everybody. Is it right (or wrong) for you? Author Mike Roberts is the founder of MyHECM.com and a successful veteran of the reverse mortgage industry. Writing in plain language, Roberts cuts through all the nonsense, rumors, and hype you may have heard about reverse mortgages. There are no sales pitches here! You'll get the inside scoop about how a reverse mortgage really works. Well-written and packed with insider info and insights The Reverse Mortgage Revealed is well-written, easy to understand, and jam packed with information and insights that only an experienced industry professional can offer. You'll discover: How a reverse mortgage really works. Who should (and shouldn't) get a reverse mortgage. Common myths and misconceptions. Little-known insider tips and tricks the lenders don't tell you (and you probably won't learn anywhere else). How to increase your payout and reduce closing costs (this alone is worth the cost of the book). What payout options are available and how they work. What pitfalls to avoid. Why some applicants get approved and some don't. How to finance a home purchase without a mortgage payment (yes, this is for real!). What to expect during the application, approval, and closing process. This book also includes detailed case studies based on real-life scenarios that tie key concepts and terms together. You'll see for yourself how a reverse mortgage can be used to live a more enjoyable and financially secure retirement. Grab your copy now! You've found the reverse mortgage book you're looking for! Grab your copy now and get the inside scoop on how a reverse mortgage really works. About the author Mike Roberts is a blogger, author, and veteran of the reverse mortgage industry. Roberts is also the founder of MyHECM.com, a leading online resource for seniors, their families, and their advisers to learn about the reverse mortgage. Roberts has over a decade of mortgage lending experience and has helped hundreds of seniors get reverse mortgages. P.S. Still not sure this is the reverse mortgage book for you? Click the cover image at left and read an excerpt of the book for yourself. You'll see that it's well-written, high quality, and full of fantastic insider information.

Download or read book The Essential 2020 Guide to Unlocking the Potential of Reverse Mortgages written by Michael Malyszko and published by . This book was released on 2020-07-08 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: A must-read book by reverse mortgage expert, Michael Malyszko, The Essential Guide to Un-locking the Potential of Reverse Mortgages breaks down the fundamentals of reverse mortgages, giving homeowners the knowledge they need to leverage the full potential of this incredible financial planning tool. In recent years, reverse mortgages have become even more common as an increasing number of homeowners have discovered that reverse mortgages are a valid retire-ment strategy, offering flexibility that few other loans and investments can.In each chapter, Malyszko dives into an essential reverse mortgage topic, explaining the basics while also revealing the potential of various advanced retirement planning strategies. As you read this book you'll learn:*How a reverse mortgage can help you access funds that would otherwise remain untouchable*Why reverse mortgages are quickly growing in popularity *That reverse mortgages are not a "last-resort" option, but instead an intelligent financial planning tool*Strategies that will help you determine the best way to utilize your reverse mortgage*How reverse mortgages can amplify your retirement, allowing you to live and enjoy your best life possibleAnd so much more.Technical without being overwhelming or complicated, this essential guide is a must-read for any homeowner interested in using their real estate investment as an incredible tool for getting the most out of retirement and beyond.

Download or read book Reverse Mortgages and Linked Securities written by Vishaal B. Bhuyan and published by John Wiley & Sons. This book was released on 2010-10-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: An institutional investor's guide to the burgeoning field of reverse mortgage securitization Reverse Mortgages and Linked Securities is a contributed title comprising many of the leading minds in the Home Equity Conversion Mortgages (HECM) industry, including reverse mortgage lenders, institutional investors, underwriters, attorneys, and regulators. This book begins with a brief history of reverse mortgages, and quickly moves on to discuss how the industry has evolved-detailing the players in these markets as well as the process. It discusses the securitization of reverse mortgages and other linked securities and includes coverage of pricing techniques and risk mitigation. This reliable resource also takes the time to cover the current regulatory environment of the HECM market, which is constantly changing due to the current state of the real estate market. Highlights specific strategies that will allow institutional investors to benefit from the resurgence of reverse mortgages and linked securities One of the only guides to reverse mortgages and linked securities targeted towards institutional investors interested in securitized products If you want to make the most of reverse mortgages and linked securities, take the time to read this book.

Download or read book The Reverse Mortgage Handbook written by Tara E. Ballman and published by Jawbone Publishing Corporation. This book was released on 2004 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Reverse Mortgage Handbook provides detailed information and examples to assist in a comprehensive understanding of three popular reverse mortgage products: HUD's Home Equity Conversion Mortgage, Fannie Mae's Home Keeper Mortgage, and Financial Freedom's Cash Account.The Reverse Mortgage Handbook includes terminology and the process related to reverse mortgages. This book focuses on: available products, eligibility requirements, fund disbursement options, consumer safeguards, and related costs.

Download or read book Reverse Mortgages written by Jonathan Neal and published by . This book was released on 2009 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides information on what a reverse mortgage is, if it is right for one's client, how a reverse mortgage can reduce income taxes, what to expect from a reverse mortgage proposal, and the net appreciation and value in a reverse mortgage.

Download or read book Reverse Mortgages Made Simple written by Rick Foxx and published by . This book was released on 2020-10-12 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieve your Retirement Dreams with a REVERSE MORTGAGE. Are you spending more than you save, putting everything on credit cards, living beyond your means and more, or have you been to helpful with family members in their time of need...does any of this sound familiar? If it does, you're not alone - about 60% of people are not financially secure; in other words, only 1 in 3 people are going into retirement with enough income! If you're 62 or older and own a home and tired of living paycheck to paycheck or social security, only paying the minimum due on your debt each month and worrying about money all the time, then this is the book for you. If your Destiny is NOT being a Walmart Greeter, if you want to Super-Charge your retirement, AND you want to learn about Today's new-and-improved Home Equity Conversion Mortgage, then this is the book for you!In this All-New, 2020, groundbreaking guidebook on Reverse Mortgages, Author Rick Foxx explains how you could be literally living in your "Retirement Account": -It's Just a Mortgage! Reverse Mortgages are simply FHA-mortgages with optional payments!-All cash proceeds are Tax-Free !-Why it's time to "Let your house pay YOU! (Haven't you been pumping money into that investment long enough? Unlock some tax-free cash, it's your money, use how You Want!)-Why Reverse Mortgages pre-2014 were bad, and learn about the NEW Reverse Mortgage, and the ever-growing, tax-free, line of credit, that can never be cancelled, regardless of what home prices do!RICK FOXX is a Real Estate and Mortgage Broker of Foxx and Associates, LLC & Foxx and Associates Mortgage LLC & Florida's Reverse Mortgage Center. Foxx has been servicing his financial community for the past 25+ years. Foxx is an established author, blogger, monthly newsletter "Foxx Report" and has been featured in Reverse Mortgage Daily. Visit www.FLRMC.net for more information

Download or read book Your New Retirement Nest Egg written by Ken Scholen and published by N C H E Press. This book was released on 1996 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Reverse" mortgages turn every home into a new source of RETIREMENT INCOME, without having to sell or make monthly loan payments. This "ideal study book rates a ten"--(SF Examiner) & "guides homeowners through the reverse mortgage maze"--(Minneapolis Star Tribune). It's "an easily understood nuts & bolts guide"--(N.Y. Times) that's "clearly written"--(Library Journal). It compares all the newest varieties of REVERSE MORTGAGES: how much cash you can get, what it really costs, what to look out for. By "The LEADING AUTHORITY on reverse mortgages"--(L.A. Times). Practical STUDY GUIDE for retirees & pre-retirees. Also of interest to attorneys, accountants, financial planners, care managers, senior service providers & adult children of aging parents. A basic reference & directory, with 58 tables, locations, phone numbers. Includes Glossary, Bibliography, Index, Appendixes. Order from: Baker & Taylor, Brodart, The Bookmen, Blackwell, or directly from NCHEC Press, Suite 115, 7373 147th St., W., Apple Valley, MN 55124; Telephone 612-953-4474.

Download or read book The Complete Idiot s Guide to Long Term Care Planning written by Marilee Driscoll and published by Penguin. This book was released on 2002-09-01 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic motivators will drive people to want to learn more about this topic—fear, money, and insecurity. Consumers fear losing their life savings to LTC costs. Yet, they hesitate to buy insurance with an annual premium of $1,800 without knowing what it covers. In October of 2002 (one month after this book's release), the federal government will be rolling out a payroll deduction plan whereby all government employees and retirees (approximately 18 million people) will have the same opportunity to save for their long-term care needs as they currently have for their 401(k).

Download or read book The Complete Idiot s Guide to Managing Your Money written by Robert Heady and published by Penguin. This book was released on 2004-12-06 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers advice on creating a long-term financial plan, shopping for insurance and mortgages, managing credit card debt, and establishing a good credit rating.

Download or read book Reverse Mortgages written by David Alexander Bridewell and published by Senior Lawyers Section. This book was released on 1997 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: