what is a reverse mortgage loan?

Contact Information

Carolyn & Wayne Crowe

Maximum One Realty

3304 Mapleleaf Way

Powder Springs, Georgia, 30127

Office: 770-795-0303

Cell: 404-863-1719

Fax: 770-514-0080

cobbhomes@bellsouth.net

www.CobbHomesForSale.com

Lic. #: 203360

what is a reverse mortgage loan?

What is a reverse mortgage loan?

A reverse mortgage is a special type of loan available only to older homeowners with full or nearly full equity in their homes. Such owners can borrow against the equity they have built up over the years, but no repayment is necessary until the borrower sells the property or moves elsewhere. If the borrower dies before the property is sold, the estate repays the loan (plus any interest that has accrued.
These loans have become increasingly popular. If you believe you qualify for such a loan, be sure to have the document reviewed by an attorney or financial advisor.

Questions about Kennesaw Real Estate?

Ask us below or Call us Now at 770-795-0303

Last Updated ( Tuesday, 29 July 2008 )

< Prev		Next >

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

ATOM 0.3

OPML

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!

Payment Estimator

© 2010 Kennesaw Ga. Home For Sale Real Estate Websites - Free Real Estate Advice - Real Estate Marketing