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To: The Ox who wrote (1290)	11/30/2012 12:50:03 PM
From: richardred	Read Replies (1) \| Respond to of 8239

Will your broker use the equity in your house as collateral for a broker loan rate loan? If you talk with a bigger brokerage firm that is full service they might loan you money against equity?

To: The Ox who wrote (1290)	11/30/2012 1:31:33 PM
From: w0z	Read Replies (1) \| Respond to of 8239

If you're 62 there are a couple of options: 1. Check out a reverse mortgage. This is primarily set up for retirees who want to tap their home equity. I've never done it but looked into it once. reversemortgageguides.org 2. You can sign up for early Social Security, qualify for your loan based on that, and then "repay" any SS funds taken if you want to delay SS benefits until full retirement age or 70 (my plan). Once you have the refi you have it even if your SS income vanishes. I did this myself mainly to take advantage of the extremely low rates and assuming I wanted to be a "borrower" in case hyperinflation comes. You can only "repay" SS once so keep that in mind. smartmoney.com