Larry Jaques wrote in
:

The good ones are those with small origination fees and interest rates
comparable to HELOCs. (prolly hard to find)

http://itsjustmoney.blogs.com/its_ju...rse_mortgag.ht
ml
Balanced view?

Interesting article. The "bad points" are the clincher to me. But,
there must be a proportion of people for whom it is the best option.
Regrettably, they got in that position by not having enough cushion for
old age expenditures.

Seems
to me that a second mortgage wisely invested or a HELOC would be a
better deal.

Agreed, but those have to be repaid, starting the next month with a
payment. To some folks, it's either not an option or a bad one. YMMV

Prolly. Too bad for them, but luckily I don't believe I have to worry.

--
Best regards
Han
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