What Makes Modern Reverse Mortgages Popular?

What Makes Modern Reverse Mortgages Popular?

Modern Reverse Mortgages are one of the fastest growing segments in home lending. These types of mortgages allow most homeowners who are at least 55 years old to borrow against their home equity to get cash or a line of credit from a lender. Unlike a traditional...
Flex Mortgage vs. Reverse Mortgage

Flex Mortgage vs. Reverse Mortgage

Modern reverse mortgages are a type of loan that allows most homeowners who are at least 55 years old to borrow against their home equity. Unlike a regular forward mortgage, monthly loan payments are completely optional.  Simply put, you have the flexibility to treat...
Reverse Mortgages for Wealthy Retirees

Reverse Mortgages for Wealthy Retirees

A reverse mortgage can be an important part of retirement planning for wealthy retirees that have a substantial amount of home equity. It is a financial product that allows you to access part of the equity in your home while you are still living in it.  This is equity...