Brittney Parks's Article in Loans

437 Reverse Mortgage Fees and Costs: What Seniors Need to Know
Just like conventional mortgage loans, there are certain reverse mortgage fees that borrowers will be required to pay in order to obtain a loan. To make these fees more affordable, all costs can be financed into the reverse mortgage. While critics often complain that reverse mortgage costs are unusually high, most fees are the same as those required to obtain a forward mortgage loan.
Posted on Jan-11-2012

512 Reverse Mortgage Information Potential Borrowers Must Know
A reverse mortgage is a unique type of loan that actually pays the borrower. These loans allow borrowers to access a portion of the equity in their home, which they will receive as a lump sum, in installments, or as a line of credit. If this sounds like something that might benefit you, read on to discover what information you need to know.
Posted on Oct-25-2011

520 Reverse Mortgage Information and Current Trends
While the first reverse mortgage was granted in 1961, Home Equity Conversion Mortgage (HECM) loans have only been available since 1989. Since that time, over 660,000 HECM loans have been given to consumers, 74% of which were funded in the past five years. These loans have become tremendously popular with seniors in a relatively short time. Discover why.
Posted on Oct-25-2011