A Utah reverse mortgage is a good financial planning for the golden years.The requirements for eligibility include the borrower age (must be at least 62) and there must be equity in the home. In addition, the home must be the primary residence. The home must qualify for the reverse mortgage program.The vast majority of single family homes qualify, as do most condominiums, town homes, 2-4 unit owner-occupied dwellings and manufactured homes.
(more…)
A Utah reverse mortgage is a good financial planning for the golden years.The requirements for eligibility include the borrower age (must be at least 62) and there must be equity in the home. In addition, the home must be the primary residence. The home must qualify for the reverse mortgage program.The vast majority of single family homes qualify, as do most condominiums, town homes, 2-4 unit owner-occupied dwellings and manufactured homes.
(more…)
A Utah reverse mortgage is a good financial planning for the golden years.The requirements for eligibility include the borrower age (must be at least 62) and there must be equity in the home. In addition, the home must be the primary residence. The home must qualify for the reverse mortgage program.The vast majority of single family homes qualify, as do most condominiums, town homes, 2-4 unit owner-occupied dwellings and manufactured homes.
(more…)