Real Estate Mortgage Loan Refinacing

Come Jan 1st 2010 the boundaries on Home Equity Conversion Mortgages insured by FHA will be reduced to a maximum home cost of $417,000. If a senior householder with a home value over $417,000 is considering getting a reverse mortgage this is the year to get it done. Waiting till 2010 could cost the access to over $200,000!

Tags: bank rate, Home Equity, Home Equity Loan, Loan, mortgage rate

This entry was posted on Friday, August 7th, 2009 at 10:12 pm and is filed under Home Equity Loan Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.