Homekeeper

Concept of Homekeeper in the context of Real Property

A short definition of Homekeeper: A reverse mortgage loan from the Federal National Mortgage Association for persons 62 and older. The loan is used to purchase a home with a small down payment and no credit and income requirements. The loan is based on the number and age of the borrowers and the appraised value of the home.

Concept of Homekeeper in the context of Real Property

A short definition of Homekeeper: A reverse mortgage loan from the Federal National Mortgage Association for persons 62 and older. The loan is used to purchase a home with a small down payment and no credit and income requirements. The loan is based on the number and age of the borrowers and the appraised value of the home.