Reverse Mortgage Handbook: A Consumer's Guide for Senior Homeowners

by: T. E. Ballman

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Book Description
Reverse Mortgages - Are They Right for You?
THE REVERSE MORTGAGE HANDBOOK provides detailed information and examples to assist in a comprehensive understanding of three popular reverse mortgage products: - HUD's Home Equity Conversion Mortgage (HECM), - Fannie Mae's Home Keeper Mortgage, and - Financial Freedom's Cash Account.
THE REVERSE MORTGAGE HANDBOOK explains the terminology and the process related to the reverse mortgage industry. This book focuses on: - Available Reverse Mortgage Products, - Eligibility Requirements, - Fund Disbursement Options, - Consumer Safeguards, and - Associated Costs.
This book is a must-have for any senior considering a reverse mortgage! THE REVERSE MORTGAGE HANDBOOK supplies the necessary information to make an objective, educated decision on the reverse mortgage option that is right for you.

From the Publisher
As a publisher, I knew very little about the reverse mortgage process before I read this book. I, like many others, was somewhat skeptical about these mortgages. But when Ms. Ballman introduced her material to our staff, we finally had a great reason to be excited about growing old!
As I read through the facts and charts, which the book provides to clarify every statement the author makes, I fully understood the reverse mortgage process and the enormous benefits to seniors. Never before has owning a house offered so much monetary potential for seniors ... whether they want money for serious needs or just to blow on living and having fun.
We at Jawbone are loving the success of this title. And even more so, we are loving the information that we have published for our worthy senior population.

Specific illustrative examples are provided -- Written specifically for older citizens but of immense value to adult children seeking to secure their aging parents home residences when income revenues are restricted or minimal, The Reverse Mortgage Handbook: A Consumer's Guide For Senior Homeowners by mortgage specialist T. E. Ballman provides the reader with detailed, accessible, comprehensive information on three popular reverse mortgage products. Specific illustrative examples are provided along with definitions of all specialized terminology. Virtually unique, The Reverse Mortgage Handbook is also available in a large print edition (1590940563, $14.95) and covers eligibility requirements, fund disbursement options, consumer safeguards, reverse mortgage associated costs and product profiles. Highly recommended!

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