May 16, 2024
Property

New tool helps applicants find aid for Pa. Property Tax/Rent Rebate Program | Local News

A new online tool lets applicants to the Pennsylvania Property Tax/Rent Rebate Program find in-person help in their area. The tool, available at lanc.news/PTRR and created by the state Department of Revenue and the Commonwealth Office of Digital Experience, lets users enter their ZIP code and displays a list of nearby places, along with phone

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Loans

Retirement planning: What is a reverse mortgage and how does it work? MintGenie explains

It is particularly beneficial for those senior citizens who require a consistent income source since the loan amount is not required to be repaid until the borrower either sells their home or moves out. What is a reverse mortgage? A reverse mortgage is a loan available to homeowners aged 62 or older, allowing them to

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Property

Reverse mortgage vs loan against property: Which is the best option for leveraging home equity?

Reverse mortgages are better suited for senior citizens who need a regular source of income, while Loan Against Property is a secured loan and can fund a wide range of requirements. Are you looking to access additional funds by leveraging your home equity? Reverse Mortgage and Loan Against Property (LAP) are two standard options to

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