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- A reverse mortgage enables older homeowners (62+) to convert part of the equity in their homes into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. The reverse mortgage is aptly named because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you.
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Reverse Mortgage Help and Education
Wednesday, October 22, 2008
Today we will be reviewing two helpful resources. The first is an education site geared towards learning about Reverse Mortgages. The site is Reverse Mortgage Education. It can be beneficial to both consumers and professionals.
Reverse Mortgage Education
The second site is geared toward financial professionals, reverse mortgage loan officers, and those seeking jobs or careers in the Reverse Mortgage field. The site is Reverse Mortgage Marketing and provides insightful information about marketing, lead generation, seminar help, and other ways of generating business and reverse mortgage leads.
Reverse Mortgage Marketing
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Reverse Mortgage Information
More information, caluclator, and other Reverse Mortgage info coming later..