Causes, symptoms, and management of UTIs
As the name suggests, urinary tract infections (UTIs) are infections that affect the urinary system. They can impact a part of the system or the whole
A reverse mortgage provides the elderly access to equity in their homes and supplements their income. With its flexible repayment option, it gives homeowners more control over their money. However, the government has laid out strict rules and guidelines concerning reverse mortgage eligibility criteria. So, if you’re considering a reverse mortgage, read on to know the reverse mortgage eligibility criteria and the types of reverse mortgages.
Reverse mortgage eligibility criteria
Types of reverse mortgages
Now that you know the reverse mortgage eligibility criteria, you might want to learn about the different types of reverse mortgages.
A proprietary reverse mortgage is what you need if you’re seeking a larger loan amount. You can easily get them if you have a higher-value home. However, you must note that these are private loans and are not backed by the government.
This is the least common type of reverse mortgage, and the borrower can only use the fund for one specific purpose. It’s usually offered by non-profit organizations, and a few local and state government agencies.
This is the most popular type of reverse mortgage since it is funded by the U.S Department of Housing and Urban Development (HUD). Although these mortgages have higher upfront costs, the borrowers are allowed to use the fund for any purpose.
As the name suggests, urinary tract infections (UTIs) are infections that affect the urinary system. They can impact a part of the system or the whole
If you missed the Black Friday deals, you get another chance on Cyber Monday to save money on all kinds of products, especially electronics. If you ar
With November almost at your doorstep, bringing along Cyber Monday sales, one can expect plenty of amazing deals in the beauty department. The holiday
If mortgage refinancing (mtg refi) rates today are low, many homeowners will rush to refinance their mortgages. It is quite appealing to opt for mortg