Reverse Mortgage is a way homeowners over the age of 62 are using the equity in their home to add to their retirement funds. The benefits of using a reverse mortgage include extending retirement fund longevity, eliminating a mortgage payment, or even making needed accessibility changes to the home. But those are only a few ways that reverse mortgage funds can be used, and we see every day how this financial tool is being used to benefit seniors. We have found there are also many questions that are being asked, and should be (4 comments)
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Kevin A. Guttman-Author, ReverseMortgageSpecialist