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Real Estate
The Real Estate Adviser |
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November 15, 2007
The Real Estate Adviser: Reverse mortgage now an option at 60
By TOM KELLY
Special to the Journal
Special to the Journal
62, 61, 60... The age requirements for one reverse mortgage product just got “younger.”
Melville, N.Y.-based Lender Lead Solutions (http://www.lenderleadsolutions.com, (888) 775-3631) recently introduced Simple60, a new reverse mortgage product available to homeowners aged 60 and older. Reverse mortgages offered to date require that borrowers be at least 62 years old.
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Previous columns:
- The Real Estate Adviser: Mortgage brokers ‘are facing extinction', 11-08-2007
- The Real Estate Adviser: Pre-pay model from Australia worth a look, 11-01-2007
- The Real Estate Adviser: Condo sales centers team up in retail stores, 10-25-2007
- The Real Estate Adviser: Bob Bruss: ‘Dear Abby' of real estate columnists, 10-11-2007
- The Real Estate Adviser: How far will Zillow go with mortgages?, 10-04-2007
- The Real Estate Adviser: Want to age in place? Answer these questions, 09-27-2007
- The Real Estate Adviser: Log cabins have come a long way, 09-20-2007
- The Real Estate Adviser: What else can we call senior sales specialists?, 09-13-2007