A Reverse Mortgage may be utilised in any manner a Borrower may wish to use it.  At Seniors First Our Area Managers are skilled in delivering the facts about Reverse Mortgage, we do not advise or coerce Borrowers into a particular product offered by a particular Lender, nor do we suggest how Borrowers should use the funds.  How the Borrower elects to spend the funds is entirely up to themselves.  They may choose to go for a holiday Renovate the Kitchen/Bathroom, purchase a new car or spoil their grandchildren, anything is fine provided the conditions of the Loan are met ie property is maintained and Insurances are up to date.

This entry was posted on Saturday, March 15th, 2008 at 4:18 pm and is filed under Equity Release News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.