A reverse mortgage can help retired or soon-to-be retired homeowners have a larger cash flow than their retirement income provides. Just how much of your home’s equity can you tap into though? We help you understand the factors below.Looking for Current Mortgage Interest Rates? Click Here. The Read more
Meeting the Special Requirements for a Reverse Mortgage
The reverse mortgage offers senior borrowers to tap into the equity of their home. The loan program, also known as the Home Equity Conversion Mortgage, works differently than a standard home equity loan. Many seniors use this opportunity to have supplemental income when their social security does Read more