Author Archive
Is it time to find a remortgage?
Is it time to find a remortgage? There are two likely situations in which you might find yourself looking for a remortgage. You may be coming to the end of an existing mortgage deal, in which case you have a choice of automatically moving onto your lender’s SVR (Standard Variable Rate) or remortgaging to a [...]
Pros & Cons of a reverse mortgages in 2011
Pros & Cons of a reverse mortgages Increased gas prices, home insurance, inflation and the cost of living is sky high at the moment and it seems that everyone is feeling the pinch. These days a social security cheque, small retirement fund and savings will not fill the financial void. Those aged over 62 years [...]
A Definitive Guide on Reverse Mortgages
A Definitive Guide on Reverse Mortgages A reverse mortgage is a process through which a loan is made available to senior citizens against their home equity. Unlike conventional mortgage or other traditional methods of loan, there is no income or credit requirement to obtain reverse mortgage loan. The repayment of the loan is deferred till [...]