QUESTION:

reverse mortage

can you get a reverse mortage without getting any money
asked by cinnamonca, 1/5/2008
Categories: Reverse Mortgage
ANSWERS:
Answered by: Speak2Jeff, 01/05/08
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Yes, you may leave all your reverse mortgage equity in a line of credit and not elect to receive any cash in hand at the time of closing and take advantage of the no monthly mortgage payments.

gotmortgagequestion.com

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Answered by: john leedy, 08/05/08
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SHOULD I RECIEVE A MONTHLY ACCOUNTING ON THIS TYPE OF ACCOUNT IN ADDITION TO A MONTHLY FEE?

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