[53125] in Discussion of MIT-community interests
Earn Monthly Income with a Reverse Mortgage! FHA Reverse Mortgage Program.
daemon@ATHENA.MIT.EDU (NewRetirement)
Wed Sep 9 13:55:04 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Wed, 9 Sep 2015 10:55:01 -0700
From: "NewRetirement" <NewRetirement@tetay.in.net>
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<title>Is A Reverse Mortgage Right for YOU?</title>
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<img src="http://www.tetay.in.net/im/L4774H108R/302T505MB1282O157OL13353119KL100617512/img1108302239.gif" alt="Top Five Uses Of A Reverse Mortgage"/>
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<td style="font-size:1.3em;line-height: 1.2em;">Cover expenses for health or disability</td>
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<td style="font-size:1.3em;line-height: 1.2em;">Improve quality of life</td>
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<td style="font-size:1.3em;line-height: 1.2em;">Pay off debt</td>
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<td style="font-size:1.3em;line-height: 1.2em;">Home repairs and improvements</td>
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<td style="font-size:1.3em;line-height: 1.2em;">Everyday and emergency expenses</td>
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<b>Source</b>: Report on the 2006 AARP National Survey of Reverse Mortgage Shoppers
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Visit <span style="color:#0066CC;font-weight:bold"><a style="text-decoration:none; color:#0066CC" href="http://www.tetay.in.net/l/lt1OY4774W108I/302M505DP1282FF157R13353119HY100617512/qs/?c2=
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<strong>The Fine Print</strong>
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<li>At least one owner on the title to the home must be 62 years old or older.</li>
<li>The property must be in good condition as defined by the FHA/HUD appraisal & property requirements. The vast majority of homes in good repair will qualify.</li>
<li>Equity in the home is the appraised value of your home less any mortgage(s), home equity loans or other liens against the property. The amount of equity required varies by age; the older you are, the less equity is required to qualify for a loan.</li>
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