Posts tagged Seniors

Reverse Mortgage Company Offering Attractive New Loan for Seniors

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Reverse Mortgage Company Offering Attractive New Loan for Seniors Reverse Mortgage Company, Generation Mortgage, Offers Zero Origination Fee, Zero Servicing Fee Reverse Mortgage for Seniors

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The Reverse Mortgage is Meeting the Needs of Seniors in a Big Way

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In most cases the senior is looking places to find money to off set the major loses they have felt from the banking and investment crisis. The one place that is still a safe haven in many areas is the home, even with declining values. The main reason is that most seniors purchased their homes when values were mush lower before the great appreciation era. If a seniors still has a mortgage on their home and many do have a current mortgage on their home and have to make payments every month. If a senior has a first mortgage lets say just for $100,000 at a 6% rate they are putting out over

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New laws will help seniors, consumers

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New laws will help seniors, consumers A health insurance reform will stop payment caps; a property tax deferral helps seniors stay in their homes.

Read more on Portland Press Herald

Four smart home and auto insurance tips for seniors

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Four smart home and auto insurance tips for seniors (ARA) – Senior citizens can save money and headaches with four simple insurance tips. These can help ensure you’re adequately covered and getting all eligible discounts.

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How to Find Low Cost Dental Plans for Seniors

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Although most people are not aware of it, affordable dental plans for seniors are still available. It’s difficult for many seniors to afford traditional dental insurance because of the high costs associated with it. However, dental discount plans fit into most anyone’s budget, even senior citizens, many of whom are on a fixed income. This is how dental discount plans work.

Dental discount plans are not insurance. They simply provide substantial discounts for dental procedures to their members. Because these discount plans are not insurance there is no waiting period necessary More >

FHA to make reverse mortgage less forgiving for seniors late on taxes

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FHA to make reverse mortgage less forgiving for seniors late on taxes Here’s a sobering message for anyone who has a federally insured reverse mortgage or plans to apply for one: If you don’t pay your local property taxes or hazard-insurance premiums, the risk of losing your house to foreclosure is about to increase. Reverse mortgage – Loan – Mortgage – Home – Personal Finance

Read more on Washington Post

Financial to-Do List for Graduating College Seniors

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Financial to-Do List for Graduating College Seniors RESTON, Va.—-Cap and gown? Check. Finals? Check. Date for family party? Check. A plan to build a credit history after college and pay down student loans? Hmmmm. As graduating college seniors prepare to close the door on college life and start their first full-time jobs, Sallie Mae, the nation’s leading saving, planning and paying for college company, offers a financial checklist to help them …

Read more on Business Wire via Yahoo! Finance

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