Tag Archives: reverse

Are Reverse Mortgages a Colossal Mistake?

Reverse mortgages are loans — a type of home equity loan. You are borrowing your own home equity while retaining home ownership but unlike a traditional home equity loan, there are no monthly mortgage payments. The money you borrow and interest accumulated is repaid when you no longer reside in …

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Reverse Smokey Eye- The Makeup Trend To Rock Now

Photo: jordanmurray_makeup on Instagram  While most makeup addicts are familiar with the smokey eye at this point, the reverse smokey eye is the latest take on this popular beauty trend. Unlike the more classic version, this reverse makeup trend flips the smokey eye on its head and focuses on the waterline. …

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What Is New for Reverse Mortgages in 2017

According to AAG, the first reverse mortgage was issued to a widow in Portland, Maine.  The banker, Nelson Haynes of Deering Savings Loan designed the loan to help the wife of his beloved former high school football coach. The idea behind these loans has always been to help seniors in …

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How Does a Reverse Mortgage Work?

If you are struggling to figure out how does a reverse mortgage work, you are not alone. One thing is clear, reverse mortgages are NOT clear. A recent NewRetirement poll indicated that 46% of respondents had the facts wrong about reverse mortgages. This article focuses on explaining the basics of …

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