TITLE

Reverse Mortgages

AUTHOR(S)
Chucala, Steven
PUB. DATE
June 2007
SOURCE
Soldiers;Jun2007, Vol. 62 Issue 6, p44
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article offers information on the so-called reverse mortgages created by the U.S. Department of Housing and Urban Development (HUD). The reverse mortgage is a form of equity loan on a home that was created as a safe and regulated method to give U.S. homeowners over the age of 62 a means of obtaining funds with greater financial security. Factors that a homeowner should consider before engaging in a reverse mortgage are discussed.
ACCESSION #
25429877

 

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