For an elderly person with few assets, a reverse mortgage can be a lifesaver: It enables cash-poor retirees to tap equity in their house for living expenses, home repairs or health care needs. If you’re 62 or older, reverse mortgages allow you to borrow against the value of your home and not repay the loan [...]
Posts tagged ‘national reverse mortgage lenders’
Sandy Hutchens warns people to be aware of reverse-mortgage ripoffs
September 3rd, 2009