Author

DPrulhiere

Ways to Use a Reverse Mortgage in Oregon to Protect Yourself from Foreclosure.

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An Oregon reverse mortgage permits the older person to keep the house, and not have to pay any house payments. Even if they are in default and about to be foreclosed on, this approach could get the job done. Credit history and salary are not required normally. 1. Remove the house payments After a reverse mortgage is completed on your home, you don’t have to pay any house payments. The only...

3 Huge Mistakes When Looking for a Reverse Mortgage

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Lots of mistakes are made when a person looks into looking for a reverse mortgage. We should be able to cover three of the substantial ones that will have a long term effect if you don’t address them upfront. Mistake 1: Not understanding them before proceeding. If you do not have an understanding of the mortgage loan, how do you fully understand if it is right for you? If you can’t...