Don’t be afraid of reverse mortgages; instead understand them. They are loans specifically for homeowners age 62 and older who want to unlock a portion of their home’s equity without having to make a required monthly payment. They are government insured loans and have been modernized by HUD and FHA with numerous consumer protections and safeguards in place. You will learn the best way to maximize their benefits, the pros and cons, if you are eligible, and the many options for receiving your money. Come and learn how a reverse mortgage can boost and secure finances while you live on a fixed income.
