Are There Downsides to a Reverse Mortgage?
Are There Downsides to a Reverse Mortgage? Credit Report by Maria Shahid Share Share Email If you’re age 62 or older with lots of equity in your home, you probably already know that there are several ways to get at that money. One option is a reverse mortgage. Some financial advisers will tell you categorically […]
What are the Pros and Cons of Reverse Mortgages?
What are the Pros and Cons of Reverse Mortgages? Credit Report by David B. Coulter Share Share Email Since the launch of the first reverse mortgage in the USA in 1961, homeowners have benefitted from this avenue for releasing equity from their home to cover retirement costs or other expenses. The popularity of these loans […]