Category: Reverse Mortgage

  • Are You Thinking About a Reverse Mortgage?

    Are You Thinking About a Reverse Mortgage?

    What is a Reverse Mortgage? Reverse mortgages are for people 62 and older and are considered a home equity loan. This means, monthly mortgage payments are eliminated and the equity in the home is paid to the borrower.¬†Borrowers can receive payments in a lump sum, fixed monthly payments, a line of credit or in combination […]