The decision to take out a reverse mortgage, is not an easy or uncommon one. Senior homeowners have many options when it comes to achieving their financial goals in retirement.
To aid you in your research we’ve compiled a list of helpful resources from several trusted organizations that explain how a reverse mortgage can be leveraged in retirement.
What is a Reverse Mortgage?
A reverse mortgage allows seniors to access their home’s equity without monthly mortgage payments, as long as they meet specific requirements
How It Works
Understand the mechanics of a reverse mortgage, including when the loan becomes due and options for repayment. Discover how this unique loan can provide financial flexibility in retirement.
HECM Pros and Cons
Evaluate the potential benefits and risks of a reverse mortgage. From increased financial freedom to important considerations, weigh all factors to make an informed decision.