The Reverse Mortgage Handbook: A Consumer's Guide for Senior Homeowners

THE REVERSE MORTGAGE HANDBOOK provides detailed information and examples to assist in a comprehensive understanding of three popular reverse mortgage products: - HUD's Home Equity Conversion Mortgage (HECM), - Fannie Mae's Home Keeper Mortgage, and - Financial Freedom's Cash Account.

THE REVERSE MORTGAGE HANDBOOK explains the terminology and the process related to the reverse mortgage industry. This book focuses on: - Available Reverse Mortgage Products, - Eligibility Requirements, - Fund Disbursement Options, - Consumer Safeguards, and - Associated Costs.

This book is a must-have for any senior considering a reverse mortgage! THE REVERSE MORTGAGE HANDBOOK supplies the necessary information to make an objective, educated decision on the reverse mortgage option that is right for you.

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Specific illustrative examples are provided, 2004-07-17
Written specifically for older citizens but of immense value to adult children seeking to secure their aging parents home residences when income revenues are restricted or minimal, The Reverse Mortgage Handbook: A Consumer's Guide For Senior Homeowners by mortgage specialist T. E. Ballman provides the reader with detailed, accessible, comprehensive information on three popular reverse mortgage products. Specific illustrative examples are provided along with definitions of all specialized terminology. Virtually unique, The Reverse Mortgage Handbook is also available in a large print edition (1590940563, $14.95) and covers eligibility requirements, fund disbursement options, consumer safeguards, reverse mortgage associated costs and product profiles. Highly recommended!

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