Are you planning of becoming a homeowner but feel like traditional mortgage routes are out of reach? A senior loan, also known as a property equity conversion loan, might be the perfect solution for you. This unique financial instrument allows homeowners aged 62 and older to access a portion of their home value without having to make monthly pa

Be straightforward about why you would like the money. As an individual lending you their own money, they have got the right to really know what you would like it for thus don’t lie about this, even if you want the money for something which you don’t actually need to own.[two] X Study resource Homeowners with considerable household equity ca

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