Terms with Tag Reverse Mortgage

  • Newfoundland and Labrador Seniors' Benefit (NLSB) — Acronym, Newfoundland and Labrador, Canada,
      ➥ Refundable tax credit for low income seniors.
    • North Shore Credit Union (NSCU) — Company Est. 1941, North Vancouver, British Columbia, Canada,
        ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • Old Age Security (OAS) — Acronym, Important,
        • A Canadian pension plan for eligible Canadians over the age of 65.
      • Ontario Senior Homeowners' Property Tax Grant (OSHPTG) — Acronym, Ottawa, Ontario, Canada,
        • Passive Income — Definition,
          • Income coming in on a regular basis, with little or no maintenance.
        • Prospera Credit Union — Company, British Columbia, Canada,
            ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • Registered Retirement Consultant (RRC) — Acronym,
            • Retirement Income Fund (RIF) — Acronym, Canada,
                ➥ See Registered Retirement Income Fund (RRIF).
              • Reverse Annuity Mortgage (RAM) — Acronym, Important,
                • Reverse Mortgage — Definition, Important,
                  • A loan that allows an older homeowner to convert built-up equity into cash. The loan comes due when the owner dies, sells the house or moves out.
                • Reverse Mortgage Loan (RML) — Acronym, Very Important,
                  • A loan that allows an older homeowner to convert built-up equity into cash. The loan comes due when the owner dies, sells the house or moves out.
                • Reverse Mortgage Market Index (RMMI) — Acronym,
                  • Rocky Credit Union (RCU) — Company, Alberta, Canada,
                      ➥ A Canadian NHA approved mortgage lender that offers all lending types. Also offers reverse mortgages.
                    • Royal Bank of Canada (RBC, RY) — Company, Canada-wide,
                        ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages, and reverse mortgages.
                      • Senior Citizens Home Repair Program (SCHRP) — Acronym, Nunavut, Canada,
                        • Servus Credit Union (SCU) — Company Est. 1938, Alberta, Canada,
                            ➥ Alberta's largest credit union and a Canadian NHA approved mortgage lender. Offers reverse mortgages.
                          • Sunshine Coast Credit Union — Company, British Columbia, Canada,
                              ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • Supplemental Retirement Annuity (SRA) — Acronym,
                              • Toronto Dominion (TD) — Company, Canada, Important,
                                • Total Annual Loan Cost (TALC) — Acronym,
                                  • A method of finding the annual cost of a reverse loan.
                                • Westminster Savings Credit Union (WSCU) — Company, British Columbia, Canada,
                                    ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages, and reverse mortgages.
                                  • Weyburn Credit Union (WCU) — Company Est. 1944, Saskatchewan, Canada,
                                      ➥ A Canadian NHA approved mortgage lender offering all lending types, including both residential single family and multi-unit mortgages. Also offers reverse mortgages.
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