Caregiver Mortgage Helps Relatives Crowdfund Home Equity Lines of Credit
A new type of mortgage launched by National Family Mortgage, a Massachusetts-based marketplace for peer-to-peer loans, is offering a homeowner’s own family, rather than a bank, the chance to receive tax-free cash borrowed against a home equity line of credit (HELOC), according to a recent story in the Washington Post…. Read More
Read more in: Offerings | Tagged caregiver mortgage, credit, family, home equity, homeowner, loan, mortgage, national family mortgage, p2p, reverse mortgage, timothy burke