{"id":117778,"date":"2020-07-13T19:34:30","date_gmt":"2020-07-13T12:34:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/reverse-mortgages-may-be-helpful-in-retirement-if-you-mind-the-pitfalls\/"},"modified":"2020-07-13T20:04:49","modified_gmt":"2020-07-13T13:04:49","slug":"reverse-mortgages-may-be-helpful-in-retirement-if-you-mind-the-pitfalls","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reverse-mortgages-may-be-helpful-in-retirement-if-you-mind-the-pitfalls\/","title":{"rendered":"Reverse mortgages may be helpful in retirement &#8230; if you mind the pitfalls"},"content":{"rendered":"<p>&#013;<br \/>\nHomeowners 62 or older can get cash from their home without selling, but here&#8217;s what to know about a reverse mortgage before you sign onto this loan.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2020\/07\/13\/reverse-mortgages-may-be-helpful-in-retirement-if-you-mind-the-dangers.html\" target=\"_blank\">Reverse mortgages may be helpful in retirement &#8230; if you mind the pitfalls<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Homeowners 62 or older can get cash from their home without selling, but here&#8217;s what&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-117778","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uDE","jetpack-related-posts":[{"id":29245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-pitfalls-that-could-ground-your-airbnb-rental-plans\/","url_meta":{"origin":117778,"position":0},"title":"Beware the pitfalls that could ground your Airbnb rental plans","date":"October 9, 2016","format":false,"excerpt":"\r From breaching leases and mortgages to insurance issues, short-term lets aren\u2019t as simple as you think, says Donna FergusonFor many people, letting a room \u2013 or even an entire home \u2013 on Airbnb is an occasional helpful aid to paying off the mortgage. For others, the home letting website\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-report-downsides-of-reverse-mortgages\/","url_meta":{"origin":117778,"position":1},"title":"Property Report: Downsides of reverse mortgages","date":"December 9, 2015","format":false,"excerpt":"\r Reverse mortgages are back from the dead. These mortgages, from providers such as Heartland Bank and SBS Bank allow people aged 60 and older to release capital from their homes for spending.There are no monthly payments and the...\r \r Source : nzherald.co.nz\/Property Report\r Read more...Property Report: Downsides of reverse\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/seniors-turn-to-reverse-mortgages-as-a-cash-lifeline-during-the-coronavirus-crisis\/","url_meta":{"origin":117778,"position":2},"title":"Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis","date":"May 11, 2020","format":false,"excerpt":"\r More seniors turn to reverse mortgages as a cash lifeline during the coronavirus pandemic.\r \r Source : cnbc.com\r Read more...Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-warned-to-beware-pregnancy-pitfalls-when-applying-for-a-mortgage\/","url_meta":{"origin":117778,"position":3},"title":"Women warned to beware pregnancy pitfalls when applying for a mortgage","date":"November 22, 2015","format":false,"excerpt":"\r New affordability rules mean some firms will ask questions about changes in incomeNew parents who apply for mortgages from some of the biggest lenders are being asked to prove that they are going back to work before their income can be included in affordability checks.Questions posed by the Observer\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-ultra-long-mortgages-poses-risk-to-uk-retirement-prospects\/","url_meta":{"origin":117778,"position":4},"title":"Rise in ultra-long mortgages \u2018poses risk to UK retirement prospects\u2019","date":"May 13, 2024","format":false,"excerpt":"\r Former pensions minister says data shows buyers increasingly forced to accept terms that stretch into state pension ageHomebuyers are increasingly being forced to \u201cgamble\u201d with their retirement prospects to get on the housing ladder by taking on ultra-long mortgages lasting beyond the end of their working life, it has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retirement-interest-only-mortgages-offer-lifeline-to-older-borrowers\/","url_meta":{"origin":117778,"position":5},"title":"Retirement interest-only mortgages offer lifeline to older borrowers","date":"March 23, 2019","format":false,"excerpt":"\r Demand is growing for a new type of home loan that helps the over-55s facing a shortfall at the end of their existing termA new breed of interest-only mortgage for older people is starting to take off. These deals could throw a lifeline to thousands of people who have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117778"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=117778"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117778\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}