Questions students should ask about a reverse mortgage

Many have amassed stifling levels of student loan debt and. with your listing. Write-ups should be thorough. Applicants should be able to apply online and easily ask questions. In addition to.

The math questions you want to ask are: is there a chance you will. tapping into your home equity via a reverse mortgage to live off, D) car loans, credit cards, kids student loans.Any of these.

Low interest rates aren’t the end-all be-all when choosing the right mortgage broker. Find out what questions you should ask as you’re shopping lenders.

What should I think about before applying for a reverse mortgage? There are a lot of factors to consider before you think about applying for a reverse mortgage. Ask yourself these eight questions.

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Here are some answers to common questions about reverse mortgages. Why should I (or anyone) consider a reverse mortgage? A reverse mortgage is a special type of loan for homeowners aged 62+ that lets you convert a portion of the equity in your home into cash.

With these questions, the loan officer and the borrower can discuss whether it’s a good idea to get a reverse mortgage loan, and if so, if now is the time or if it would be better to wait.

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During your vetting process, ask prospective. all debt is the same. Mortgages and student loans can be considered "good.

Send in your questions to Washington Post nationally syndicated. "I wish somebody had told me this stuff earlier." So we should press without pressuring. We should ask, without being a pest. People.

Other key questions to ask about an advisor’s investment approach are how they measure success and what the tax implications of their investment strategy are. Advisors should ideally be measuring progress against your defined financial goals within your timeline and risk tolerance rather than trying to beat the market.

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Key Questions to Ask about Reverse Mortgage Loans Page 1 of 2 When you are shopping for a reverse mortgage loan, consider the questions below. Ask your lender about other loan products, such as a traditional home equity loan or home equity line of credit.