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A Reverse Mortgage to Buy A Home? Here’s How

Reverse mortgages are typically seen as a way for seniors to remain in their homes while drawing income from their property. But a reverse mortgage can also be used to buy a home.

Please click on link below to read full article.
http://www.wsj.com/articles/a-reverse-mortgage-to-buy-a-home-heres-how-1469026043

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A Reverse Mortgage to Buy A Home? Here’s How

Reverse mortgages are typically seen as a way for seniors to remain in their homes while drawing income from their property. But a reverse mortgage can also be used to buy a home.

Please click on link below to read full article.
http://www.wsj.com/articles/a-reverse-mortgage-to-buy-a-home-heres-how-1469026043

0 Comments

 

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First Equity Mortgage Bankers, Inc. (FEMBi Mortgage) NMLS#162197, is a fully diversified mortgage bank. We finance the purchase and refinance transactions through Conforming, Non-conforming, FHA, VA, and USDA/Rural loans.

DISCLAIMER: FEMBi Mortgage has no affiliation with any government agencies or lenders. If you stop paying your mortgage, it may impact your credit.