mortgages San Antonio

June 25, 2017

Some benefits of reverse mortgages, San Antonio, TX

Reverse mortgages, San Antonio, TX are one of the options you can take when shopping for home loan. But what exactly are the benefits of this particular type of loan? In this post, we’ll be sharing some benefits that might help you decide whether to go for it or not. No monthly payment required. This is why reverse mortgages are attractive to borrowers. Instead of paying monthly premium, payments are made to you; that is, as long as you live in your home. Indeed, quite different from a traditional forward mortgage. You remain the owner of your home. Contrary to the popular belief that the lender takes ownership of your home, a reverse mortgage allows you to remain as the […]