Reverse mortgages are a type of home equity loan for homeowners age 62 and older. Recent changes as of October 2013, mean that you need to take a second look see…is a reverse mortgage right for you and your needs? Or would is there a better option for you? Talk to a financial advisor, your […]
Reverse Mortgage Update
Recently, reverse mortgages have been in the news as the rules governing them have been changed. They are a financial device, a loan in fact, that allows homeowners who are 62 years old and older to convert their home equity into accessible funds in the form of incremental or lump-sum cash payments, or a line […]
