Month: February 2017
Home Inspection
Home Inspection – David Reecher A thorough inspection by a professional that evaluates the structural and mechanical condition of a property. A satisfactory home inspection is often included as ... Read More Home Equity Conversion Mortgage (HECM)
Home Equity Conversion Mortgage (HECM) – David Reecher Usually referred to as a reverse annuity mortgage, what makes this type of mortgage unique is that instead of making payments to a lender, ... Read More Government National Mortgage Association (Ginnie Mae)
Government National Mortgage Association (Ginnie Mae) – David Reecher A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created by Congress on Sep... Read More Government Loan (mortgage)
Government Loan (mortgage) – David Reecher A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Se... Read More 401(k)/403(b) loan
401(k)/403(b) loan – David Reecher Some administrators of 401(k)/403(b) plans allow for loans against the monies you have accumulated in these plans. Loans against 401K plans are an acceptable s... Read More 401(k)/403(b)
401(k)/403(b) – David Reecher An employer-sponsored investment plan that allows individuals to set aside tax-deferred income for retirement or emergency purposes. 401(k) plans are provided by em... Read More 