Author's articles
Securing a Mortgage with Bad Credit
By Mike Cole · 15 years ago
Buying a home is stressful under the best of circumstances, but for someone with less than perfect credit, it can seem impossible. Fortunately, there are lenders that are willing to take a chance on someone ...
Reverse Mortgages for Seniors
By Mike Cole · 15 years ago
A reverse mortgage is a way for seniors to increase their income while remaining in their home. When a senior takes out a reverse mortgage, the equity in the home is converted to cash. The ...
Possible Down Payment Requirements for a Reverse Mortgage
By Mike Cole · 15 years ago
In a traditional reverse mortgage, the borrower will face closing costs just as they would with a traditional loan. The difference is that these closing costs are typically rolled into the loan, which the borrower ...
Is it Possible to Predict Mortgage Rates?
By Mike Cole · 15 years ago
Mortgage rates can fluctuate rapidly. With these unexpected changes, it can be hard to know exactly when to lock in a rate. Could you have saved money if you waited one more month? Or did ...
Are Jumbo Reverse Mortgages a Thing of the Past?
By Mike Cole · 15 years ago
A growing number of seniors are turning to reverse mortgages to help them live out their life in comfort and without financial concerns. A reverse mortgage allows the senior, who must be at least 62, ...