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reverse mortgage loan

Mr. Pawan Jasuja- Director- Finlace Consulting

Why it is advisable to plan early in house purchase

There is an old saying that early planning always pay back good reward and the same follows in own house planning!!! Who says that one has to wait for few years before stepping out of one’s rented accommodation to own home? Whether it’s your first job or you are a settled professional or in govt. […]

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Reverse mortgage as a retirement plan

Real estate investment as retirement plan Retirement planning is an integral part of any good personal financial plan. You need to think of your post-retirement days and plan your investment options accordingly so that you can lead your life ease in your autumn days. Investing in real estate is a safe option in India as […]

Reverse Mortgage: A new concept in Indian real estate

What is reverse mortgage? A reverse mortgage is opposite of a home loan and is available to the senior citizens. In home loan or any typical mortgage, one borrows money and then pays it back over a period in the form of Equated Monthly Installments (EMIs). While in reverse mortgage, the owner of the house […]

Reverse Mortgage Loan For Senior Citizens

Most of the financial institutes or banks reject the loan application if borrowers do not have stable income or if the age of the applicant is over 60. If you have retired from your existing job which is your only source of income, you may need to struggle to meet both ends. This is not only your case, but of […]

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