Rating Newest Oldest. Best Answer: Limestone is composed of calcite or calcium carbonate, CaCO3, and dolostone is composed of dolomite or calcium magnesium carbonate, Ca,Mg(CO3).Okla gave the chemical formula for ankerite, which is in the dolomite group.In the field dolostone and limestone are difficult to tell apart (but there crystals are fairly diagnostic)...one way is to drop some HCl on them.kla gave the chemical formula for ankerite, which is in the dolomite group. In the field dolostone and limestone are difficult to tell apart (but there crystals are fairly diagnostic)...one way is to drop some HCl on them.
Reverse mortgage counseling is required as part of the application process. Independent HUD approved counselors provide homeowners with unbiased information about reverse mortgage loans. Counseling can be completed over the phone or face-to-face with a local agency. Upon completion of the counseling session, the counselor will mail a HECM Counseling Certificate to the homeowner for inclusion with the reverse mortgage application. The cost for counseling is typically about $125, but the fee may be waived in some cases.
If the borrower just used the reverse mortgage proceeds to pay off the original mortgage, after ten years the reverse mortgage balance, including fees and interests, would be around $135,000. If on the other hand, you want to establish a line of credit or receive monthly income from the reverse mortgage, then you will want to have as much equity available as possible. For example, take the 65-year-old with the $300,000 home.