Understanding Reverse Mortgage Fears

Understanding Reverse Mortgage Fears Source: Flickr Estimates indicate that there is a target population of some 8.8 million senior households that both qualify for and are good potential candidates for HUD’s home equity conversion mortgage (HECM)...

Reverse Mortgage: Loan For The House-rich But Cash-poor

Reverse Mortgage: Loan For The House-rich But Cash-poor Source: Flickr Do you need to finance a home improvement? Pay off a current mortgage? Supplement your retirement income? Take care of healthcare expenses? If so, a reverse mortgage lender will do wonders...

What Is A Reverse Mortgage And What Are Its Benefits?

What Is A Reverse Mortgage And What Are Its Benefits? Source: Flickr When it comes time to think about the future because you are getting older and closer to retirement, you may want to consider getting a reverse mortgage for your home. This is a rather new...

Is A Reverse Mortgage The Right Option For You?

Is A Reverse Mortgage The Right Option For You? Reverse mortgages are designed to provide those who are retired, or near retirement with a way to keep on getting an income, or money to meet other expenses as they grow older. While it may not be the way for...