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A reverse mortgage for seniors essentially helps the senior to keep their home equity as well a maintain their lifestyle without compromises on many fronts. Apart from having access to cash through their home equity, they also dont have to pay any monthly mortgage payments and can maintain ownership of their home without giving up social security o

Based on customer preferences and their overall performance, some of the popular and best mortgage companies include Alliant Credit Union, Citibank, New American Funding, and First Internet Bank.

A mortgage is a legal agreement between a lender and a debtor that entails the lender taking the title of the debtor's property in exchange of money lend at an interest.

Many financial websites and banking websites such as NerdWallet, Bankrate, U.S.Bank, and Bank of America have online mortgage calculators that users can use.

Some of the common types of mortgages offered by banks and financial lending institutions are repayment, fixed rate, interest only, variable rate, and cashback mortgages.

Mortgage calculators are automated software tools that help to know the how changes in one or more variables of a mortgage financing arrangement may affect the users mortgage payment.