Reverse mortgages targeting seniors are creating another housing crisis

One of the growing trends among seniors in today’s tough economy is the rising turn towards reverse mortgages. What is a reverse mortgage? Well, it’s a financial resource that gives seniors the opportunity to use the equity in their home without any income or credit qualifications. … [Read more...]

Different Types of Mortgage Loans

A home is usually the most valuable asset for a family. The home for many people symbolizes the juncture in life, when they have ‘settled’ and established themselves financially. The possession of a home is often an indicator to many lenders that the borrower is financially sound and … [Read more...]