It is All about Flexibility The primary benefit that one receives with a reverse mortgage is financial flexibility. It is an excellent way to tap into the equity that has built up in your home over time without having to sell the house. After living in your home for decades, moving is often not desirable; […]
Considering A Reverse Mortgage? Understand These Important Points First
There are many homeowners on a fixed income once they reach a certain age, however, their expenses are not always fixed costs. Sometimes, there is a large medical expense or the need for a new car or a home repair. In the event that someone needs cash flow, and they are 62 or older one […]
Understanding the Reverse Mortgage and How to Best Use This Unique Financial Tool
How does a reverse mortgage work, and when is it appropriate for a homeowner to get one? Here is what you need to know. What is a Reverse Mortgage? In short, a reverse mortgage is a type of home loan secured by a primary residence, where repayment is deferred to a later date – generally […]
62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You
Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan in the event your cash flow is challenged. If you have invested in your retirement, you might be all set. However, what if your house makes up most […]
Considering A Reverse Mortgage? Understand These Important Points First
There are many homeowners on a fixed income once they reach a certain age, however, their expenses are not always fixed costs. Sometimes, there is a large medical expense or the need for a new car or a home repair. In the event that someone needs cash flow, and they are 62 or older one […]
