Doctors Assessing Injury Value Settlement

Welcome! Come right in and explore our special collection of educational articles
and resources on all aspects of personal injury settlement. Updated every day.

Reverse Annuity Mortgage Tapping Into Your Equity
By Carrie Reeder

Reverse annuity mortgages (RAM) were created to allow older Americans to tap into the equity of their paid for or nearly paid for home. Homeowners receive a tax-free payment each month, and the mortgage is paid when the home is sold. Before you choose a RAM, make sure you have evaluated the risks since this option can limit future housing plans.

Types Of Reverse Mortgages

One of the first RAM programs was developed by HUD and is still in existence. To qualify you must be 62 or older, live in the home, and have paid off your mortgage. The government will then insure your mortgage.

You can also work directly with private lenders. You will want to review their t...
[ Read Article ]

More Personal Injury Settlement Resources

In the News

Material Connection Disclosure:
If you purchase any items as a result of clicking any advertisements on this website,
please be aware that we receive material compensation.

Privacy Notice | Terms of Use | Contact Us