Home  /  Blog  /  Posts Tagged "MIP"

Posts Tagged 'MIP'

Understanding Reverse Mortgage Insurance Premiums (Updated 2017/2018)

  by   2 comments
A federally-insured reverse mortgage comes with the benefit that you, the borrower, will receive loan payments as agreed upon by the terms of your loan, and will never owe more than your home is worth. Those benefits are guaranteed by the Federal Housing Administration through its Home Equity Conversion Mortgage program, which includes the vast majority of reverse mortgages out there....
Read Full Article

Reverse Mortgages are LESS EXPENSIVE than alternatives

  by   no comments
Overcoming  Objections to Reverse Mortgage High Fees. Compared to alternatives.  Read about home equity conversion mortgages (HECMs), and read about those who object to them—often citing high fees and risks to tapping home equity. Like other financial products, reverse mortgages come with certain borrowing costs. But, by understanding how these costs break down, you may discover that a HECM actually...
Read Full Article

Hi, I'm ARLO. My job is to find you the very best reverse mortgage terms. I can fetch all kinds of stuff like real time rates and loan comparisons. Shall we get started?
Maybe Later