Is A Reverse Mortgage A Good Option For Retirees?
You’ve probably heard the term reverse mortgage, but do you know what it is? The first time I heard the term, I immediately went and looked it up. While it wasn’t something that could help me, at least not yet, it is something older homeowners can look into. A reverse mortgage helps provide homeowners 62 and older with financial assistance so they can stay in their homes longer. It was developed by a bank in Maine in 1961 as a way to help a widow stay in her home when her husband died. And it’s been helping people ever since. Is A Reverse Mortgage ARead More →