by Mike Mahoney of http://www.HomesinBostonMass.com 617-615-9435 I recently was asked what is an a reverse mortgage by a client, so I thought I would take a moment to write about what these are. I took some of the information reverse mortgages from Wikipedia, but have provide a nice infographic on reverse mortgages. A reverse mortgage is a form of equity release (or lifetime mortgage). It is a loan available to home owners or home buyers over 62 years old, enabling them to access a portion of the subject home's equity. The home owners can draw the mortgage principal in a... Read more →
Boston area RealtorĀ®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com
See All Homes for Sale in Boston Under 400k
See All Homes Over 1mm in Greater Boston
Get the Value of Any House Now
See how much equity there is in your property now
@ YourEquityFinder.com
Ā