Reverse Mortgage Funding (RMF), LLC has announced that it is lowering the minimum eligible age to 55 for its Equity Elite reverse mortgage products. Following a number of changes to the Equity Elite products previously this year, the lowering of the qualifying age to 55 is being implemented to increase the pool of potential borrowers, […]
Archives for March 2021
What’s the Difference Between a Sole Trader and a Limited Company?
Every business, regardless of size, needs a legal structure. There are three core structures of businesses: sole trader, partnership, or limited company. According to 2020 data from the Department for Business, Innovation and Skills:: 59% of businesses were sole traders (3.5 million), 35% were actively trading companies (2 million) 7% were ordinary partnerships (414,000) So, most […]