Actually since the feds got wind of the predatory practices, they’ve had to comply with all forms of safeguards. In the beginning, this was true. Now you are required to take classes yourself before getting one. We got lucky. No one of any consequence to leave our home to, and for at least the first ten years of this loan, we aren’t touc…
Actually since the feds got wind of the predatory practices, they’ve had to comply with all forms of safeguards. In the beginning, this was true. Now you are required to take classes yourself before getting one. We got lucky. No one of any consequence to leave our home to, and for at least the first ten years of this loan, we aren’t touching equity. So if we live long enough, we might see the first payment that is lowering equity. So yeah, did a ton of research, and if I kick before my bride,she will be able to stay as long as she wants. That was the point. And we can pay it off if we want which is a thought, and that will cost us a few bucks, but so what. At this point in life, aren’t we supposed to be enjoying retirement?
Actually since the feds got wind of the predatory practices, they’ve had to comply with all forms of safeguards. In the beginning, this was true. Now you are required to take classes yourself before getting one. We got lucky. No one of any consequence to leave our home to, and for at least the first ten years of this loan, we aren’t touching equity. So if we live long enough, we might see the first payment that is lowering equity. So yeah, did a ton of research, and if I kick before my bride,she will be able to stay as long as she wants. That was the point. And we can pay it off if we want which is a thought, and that will cost us a few bucks, but so what. At this point in life, aren’t we supposed to be enjoying retirement?