Frequently Asked Questions
Find the most frequently asked questions below:
01How does a reverse mortgage for seniors work?
Retirement plans are important because they serve as a guide for your life after retirement. After retirement, people begin to cut on their necessities. However, a good retirement investment plans can help them to lead their life without compromising with their budget and preferences after retirement. It is a good way to estimate your income and pl
02What is a mortgage insurance premium?
Mortgage insurance premium (MIP), is an insurance policy used in FHA loans if your down payment is less than 20%. The FHA assesses either an "upfront" MIP (UFMIP) at the time of closing, or an annual MIP that is calculated every year and paid in 12 installments.