http://reversemortgageloanblog.com/2007/11/16/liberty-reverse-mortgage-releases-proprietary-jumbo-loan/ News and discussion about Reverse Mortgages Sat, 30 Apr 2011 21:05:04 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://reversemortgageloanblog.com/2007/11/16/liberty-reverse-mortgage-releases-proprietary-jumbo-loan/comment-page-1/#comment-531 John P. Fri, 04 Jan 2008 17:04:37 +0000 http://reversemortgageloanblog.com/2007/11/16/liberty-reverse-mortgage-releases-proprietary-jumbo-loan/#comment-531 When it comes to deciding whether a Reverse Mortgage is a good investment or not, many senior homeowners don't really understand their options. For some, a reverse mortgage is a way out of debt, or a way to pay for a child's education. Others see a Reverse Mortgage as just another way for the bank to make money. The truth of the matter is, deciding whether a Reverse Mortgage is a good investment or not depends on the borrowers unique situation. This was definitely true for my aging parents, but it turns out, they made a good decision. My siblings and I had no interest in "inheriting" my parent's house and so it made sense for them to get a reverse mortgage. Once my parents pass on, the bank will get the house and all is well. In the meantime, the bank is paying them a nice monthly income which helps them pay bills and also to take a few vacations per year. They used M&T Bank's Reverse Mortgage, and the number there is: (888) 253-0712. When it comes to deciding whether a Reverse Mortgage is a good investment or not, many senior homeowners don’t really understand their options. For some, a reverse mortgage is a way out of debt, or a way to pay for a child’s education. Others see a Reverse Mortgage as just another way for the bank to make money. The truth of the matter is, deciding whether a Reverse Mortgage is a good investment or not depends on the borrowers unique situation. This was definitely true for my aging parents, but it turns out, they made a good decision. My siblings and I had no interest in “inheriting” my parent’s house and so it made sense for them to get a reverse mortgage. Once my parents pass on, the bank will get the house and all is well. In the meantime, the bank is paying them a nice monthly income which helps them pay bills and also to take a few vacations per year. They used M&T Bank’s Reverse Mortgage, and the number there is: (888) 253-0712.

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