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  2. Nonrecourse debt - Wikipedia

    en.wikipedia.org/wiki/Nonrecourse_debt

    Nonrecourse debt. Nonrecourse debt or a nonrecourse loan (sometimes hyphenated as non-recourse) is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender can seize and sell the collateral, but if the collateral sells for ...

  3. Can I Borrow from an IRA Without Penalties? - AOL

    www.aol.com/finance/borrow-ira-without-penalties...

    Although tax rules bar all loans from IRAs, account owners may be able to find ways to tap their retirement funds before reaching retirement age without incurring penalties.IRA rollovers, reverse ...

  4. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    Reverse mortgage. A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments. Borrowers are still responsible for property taxes or ...

  5. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Any amounts received from the sale (net of costs) are applied to the original debt. In some jurisdictions, mortgage loans are non-recourse loans: if the funds recouped from sale of the mortgaged property are insufficient to cover the outstanding debt, the lender may not have recourse to the borrower after foreclosure. In other jurisdictions ...

  6. IRA taxes: Key rules to know and how much you can ... - AOL

    www.aol.com/finance/ira-taxes-key-rules-know...

    For Roth IRAs, you can take out any contributions to the account at any time without paying tax. And if you have any earnings on the money, it’s simple to figure out how much tax you’ll pay on ...

  7. Self-directed IRA - Wikipedia

    en.wikipedia.org/wiki/Self-directed_IRA

    IRA providers that handle real estate are often called self-directed IRA providers. If the IRA does not have enough cash to pay the full purchase price, then the IRA can partner with a person, company/entity, or another IRA, or it can secure a non-recourse loan to buy real estate. Whether the IRA is whole or part owner, IRA funds are used for ...

  8. Can I Borrow from an IRA Without Penalties? - AOL

    www.aol.com/borrow-ira-without-penalties...

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  9. What Is a Non-Recourse Loan? - AOL

    www.aol.com/non-recourse-loan-150142154.html

    A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. Consult with a local financial advisor today. How ...

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