Posts tagged: Prospective Borrowers

The Disadvantages Of Reverse Mortgages

A reverse mortgage can be an attractive option for many home-owning seniors that are having a hard time making ends meet. With a reverse mortgage, a senior homeowner will receive money for their home equity from a lender without having to make repayments for as long as they live in their home. So with the [...]

Mortgages. The Return Of The Mega-Mortgage.

With the housing market is now showing marked signs of recovery, especially in the South and London, the number of homeowners mortgaging for more than 500,00 is increasing. (Also see Latest Market Facts at the end of this article.)
Previously, prospective borrowers for these mega mortgages have experienced a mixed reception from the lenders sometimes [...]