http://reversemortgagedaily.com/2007/07/25/how-grandchildren-can-impact-a-reverse-mortgage/ Reverse Mortgage News and Information Sat, 06 Sep 2008 18:46:58 +0000 http://wordpress.org/?v=2.3.1 http://reversemortgagedaily.com/2007/07/25/how-grandchildren-can-impact-a-reverse-mortgage/#comment-1706 Roman Thu, 26 Jul 2007 20:32:30 +0000 http://reversemortgagedaily.com/2007/07/25/how-grandchildren-can-impact-a-reverse-mortgage/#comment-1706 I think there is a huge problem with people coming up short for reverse mortgages. I think a bank should come out with a product where the borrower will be able to get a reverse mortgage and at the same time finance the other couple of thousand and pay it off, not as a personal loan (because most borrowers have crappy credit and income situatiosn) but tied into the reverse mortgage. I think that will help out thousands of people and keep them from getting rid of their houses. I think there is a huge problem with people coming up short for reverse mortgages. I think a bank should come out with a product where the borrower will be able to get a reverse mortgage and at the same time finance the other couple of thousand and pay it off, not as a personal loan (because most borrowers have crappy credit and income situatiosn) but tied into the reverse mortgage. I think that will help out thousands of people and keep them from getting rid of their houses.

]]>