Thursday, July 20, 2006

Cash Account Reverse Mortgage

If you have looked at a Reverse Mortgage in the past, you need to look again. The new Financial Freedom Cash Account Advantage now allows a greater percentage of your homes equity to be accessed.

Also, if the interest rate changes before you decided to take out a Cash Account Advantage Reverse Mortgage the amount you can borrow will not change. This is in stark contrast to the HECM and HomeKeeper Reverse Mortgages.

Eben Johnson http://www.mireverse.com/

Wednesday, July 19, 2006

A Reverse Mortgage Can Hedge Your Property's Future Value. Call 1-920-379-1128

Learn how to use a Reverse Mortgage to hedge your property's future value. The HECM line of credit available balance may grow larger than your propert future value. If this happens you could withdrawn the available balance, with no payments due as long as you live in your home. Your home is the only recourse on the credit line. Example: Your future credit line available balance is $300,000 and your home future value is only $200,000. You could withdraw $300,000 with your home as the only collateral.

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Use a Reverse Mortgage to Pay for Your Home's Property Taxes Call 1-920-379-1128

Learn how to use the HECM Reverse Mortgage Credit Line growth to pay for your property taxes. Example: lets assume your credit line has a principal limit of $100,000 and the growth rate on the credit line is 7.27% after one year the credit line available balance would be $107,270. You could then "Harvest " the $7270 to pay for your property taxes and your credit line of $100,000 would still be available for future use.

More Reverse Mortgage Video

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