Posts Tagged 'Reverse Mortgage'

How a Reverse Mortgage Can Help You in Retirement

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There are few terms in the finance industry more reviled in the minds of the public than reverse mortgage. However, as is often the case in the world of finance, long-held perceptions and biases are not always reflective of the financial reality of today’s economy and, as a result, can be counter-productive. Regardless of what you think you know about reverse mortgages, and barring some new revolutionary change in the world of retirement income sources, these products will ... Continue Reading →
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Thinking of A Reverse Mortgage Loan?  Please Read the Following

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Pursuing a Home Equity Conversion Mortgage (HECM, commonly referred to as a reverse mortgage loan) is a big decision. While it allows you to convert your home’s equity into non-taxable cash that you can use to supplement your retirement income, you may be wondering what types of protections are in place for you, the borrower. The great news is that reverse mortgage loans are well-regulated by the federal government and include consumer protections to help put your mind at ease. Here are six protections that will ... Continue Reading →
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