Home A-Loan The Lowdown on Reverse Mortgages

By Cooperator Staff 2004 Jul Finance

"¢ 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

Residential Development Comes to the Financial District

Office-to-Condo Conversions Move Full Steam Ahead

The Appraisal Process

Knowing Your Worth

Capital Reserve Funds

How Much Do You Really Need?

Comments

55hisako@gmail.com on Wednesday, August 13, 2008 12:32 AM

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.

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