{"id":458,"date":"2016-10-05T10:50:19","date_gmt":"2016-10-05T10:50:19","guid":{"rendered":"http:\/\/www.getmobileapp.ca\/mymortgagepros\/?p=458"},"modified":"2024-02-08T05:46:12","modified_gmt":"2024-02-08T05:46:12","slug":"reverse-mortgages-learn-about-the-facts-get-educated-here","status":"publish","type":"post","link":"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/","title":{"rendered":"Reverse mortgages, learn about the facts Get educated here!"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/mymortgagepros.com\/wp-content\/uploads\/2017\/03\/mkn.jpg\" alt=\"\" width=\"320\" height=\"213\" class=\"aligncenter size-full wp-image-459\" \/><\/p>\n<p>What is a reverse mortgage?<\/p>\n<p>How does it work?<\/p>\n<p>Advantages of a reverse mortgage!<\/p>\n<p>Disadvantages of a reverse mortgage!<\/p>\n<p>Where can you get a reverse mortgage?<\/p>\n<p>How do you qualify?<\/p>\n<p>Tips to keep in mind!<\/p>\n<p>Before you make a decision, be sure you also consider:<\/p>\n<p>Be sure you\u00a0<strong>fully<\/strong>\u00a0understand the terms and conditions of the contract\u00a0<strong>before<\/strong>\u00a0you sign it. By exploring all of your options, you will be better able to make the decision that best suits you.<\/p>\n<p>Ask all of these questions before you commit to a reverse mortgage:<\/p>\n<ul>\n<li>What are the fees?<\/li>\n<li>Are there any penalties if you sell your home within a certain period of time?<\/li>\n<li>If you move or die, how much time will you or your estate have to pay off the balance of the loan?<\/li>\n<li>At your death, what happens if it takes your estate longer than the stated time period to fully repay the loan?<\/li>\n<li>What happens if the amount of the loan ends up being higher than the value of the home when it\u2019s time to pay the loan back?<\/li>\n<\/ul>\n<p><strong>For more information and get a FREE consultation session:<\/strong><\/p>\n<p><a href=\"https:\/\/mymortgagepros.com\/mortgage-consultation.html\"><strong>Contact a mortgage broker experienced and have all the fact and your best interest at heart!\u00a0<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a reverse mortgage? How does it work? Advantages of a reverse mortgage! Disadvantages of a reverse mortgage! Where can you get a reverse mortgage? How do you qualify? Tips to keep in mind! &#8230; <a href=\"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Know About Reverse Mortgage | Reverse Mortgage Rates<\/title>\n<meta name=\"description\" content=\"Learn about Reverse Mortgage. Visit our site Mymortgagepro, we definitely helps you and answer your queries. Call Us for the best Reverse Mortgage Rates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Know About Reverse Mortgage | Reverse Mortgage Rates\" \/>\n<meta property=\"og:description\" content=\"Learn about Reverse Mortgage. Visit our site Mymortgagepro, we definitely helps you and answer your queries. Call Us for the best Reverse Mortgage Rates.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/\" \/>\n<meta property=\"og:site_name\" content=\"My Mortgage PRO - Calgary\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-05T10:50:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-08T05:46:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mymortgagepros.com\/wp-content\/uploads\/2017\/03\/mkn.jpg\" \/>\n<meta name=\"author\" content=\"Zoltan Padar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoltan Padar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/\",\"url\":\"https:\/\/mymortgagepros.com\/reverse-mortgages-learn-about-the-facts-get-educated-here\/\",\"name\":\"Know About Reverse Mortgage | Reverse Mortgage Rates\",\"isPartOf\":{\"@id\":\"https:\/\/mymortgagepros.com\/#website\"},\"datePublished\":\"2016-10-05T10:50:19+00:00\",\"dateModified\":\"2024-02-08T05:46:12+00:00\",\"author\":{\"@id\":\"https:\/\/mymortgagepros.com\/#\/schema\/person\/3d33f004ed81f9102789c46d0a84c07c\"},\"description\":\"Learn about Reverse Mortgage. 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