Department of Real Estate – Reverse Mortgages – Is One Right For You?

Reverse Mortgages – Is One Right For You?

A new brochure on reverse mortgages is available from the California Department of Real Estate. View the brochure.

WHAT IS A REVERSE MORTGAGE?

If you are 62 years of age or older, Reverse Mortgages are a way to borrow against the equity […]

Reverse Mortgages – Is One Right For You?

Reverse Mortgages – Is One Right For You?

The California Department of Real Estate (DRE) released a new brochure this week on reverse mortgages. The 52-page brochure explains the pros and cons of reverse mortgages, a loan product geared towards senior citizens.

What is a Reverse Mortgage? When is a Reverse Mortgage right for you? […]

More Information on Reverse Mortgages – FTC

A very nice, six-page printed brochure on reverse mortgages is available from the FTC.

Reverse Mortgages – Get the Facts Before Cashing in on Your Home’s Equity – March 2011

A few excerpts:

There are three types of reverse mortgages:

Single-purpose reverse mortgages – Offered by some state and local government agencies and nonprofit organizations. […]

Protect Yourself and Your Loved Ones from Frauds and Scams

The FRB produces a consumer brochure to help us protect ourselves from frauds and scams. Read the brochure online or download the information to share with your family, friends, neighbors, coworkers…

Frauds and Scams Protect Yourself and Your Money

Everyone is subject to fraudulent schemes and con games. Older people in particular seem to be […]