Facts about reverse mortgage
The development of reverse mortgages, one of the types of mortgages from private equity, but not too fast, is spreading in many countries. Experts believe it is a product of great potential and tour and that the reform of the pensions will do that every time it is appealed more to this financial instrument.
The reverse mortgage is a financial product that is marketed by banks, savings and insurance. Hiring is only possible if the owner has more than 65 years, has a home ownership and is free of charge.
To be eligible for a reverse mortgage is first necessary to apply for a mortgage. Once granted it permits the holder to have access to a monthly income. In this type of mortgage the owner does not have to leave or lose your home. It really is a type of loan.
This financial instrument allowing liquid holders is to make your home and have access to a monthly income without losing your property. The coming changes in the pension system will also boost private savings; retirees may raise loans that will allow them to cash in the value of your home. Get your loan now! Contact Us