Home A-Loan The Lowdown on Reverse Mortgages

"¢ Borrower must be age 62 or older

"¢ No monthly payment is required

"¢ Must obtain co-op board approval in most cases

"¢ Proceeds can be used for any purpose

"¢ No financial reports, credit history or medical reports required

Read More...

Related Articles

Capital Reserve Funds

How Much Do You Really Need?

Report: NYC's Congestion Pricing Plan Could Boost Home Values

There Is Precedence, According to a Researcher

An Antidote to NYC’s Affordable Housing Crisis?

Mandatory Inclusion Policy Has Its Share of Criticism

 

Comments

  • Under what cercumstance co op refuse for me to get home equity loan? I am 62 years old and I would like to get a half million loan aginst debt free, owned 2 million plus co-op.