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Richard Johnson's Answers


Information on a Reverse Mortage
Reverse Mortgage information such asYou must be 62 years of age or older? You must own the property outright or have considerable equity in the property? You must occupy the property as your primary residence? You must not be delinquent on any federal debthttp://mortgagereverse...
How do you find the reverse mortgage that has the lowest mortgage insurance and closing costs?
Take the help reverse mortgage adviser and consult with many local money lenders. http://mortgagereverse.org/mortgage-ratereverse.html
What are the major differences between FHA and Conventional loans?
FHA loan is one of the easier types of mortgage loans to qualify for because it requires a low down payment (3.5 percent) and you can have less-than-perfect credit.A Conventional mortgage loan require a higher down payment or a lower debt to income ratio.
Can my best friend and I get two mortgages for one house?
No you cannot get.you can put two people on the mortgage and have first and 2nd mortgage.For more Help call us (877) 877-9983

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