Reverse Mortgages Explained
What are the rules of a reverse mortgage? Reverse Mortgage Rules & Requirements You must be 62 years of age or older. You must own your home. You must own your home outright, or have a substantial amount of equity.…
What are the rules of a reverse mortgage? Reverse Mortgage Rules & Requirements You must be 62 years of age or older. You must own your home. You must own your home outright, or have a substantial amount of equity.…
Reverse Mortgage Myths #1: The bank or lender owns your home. Probably the biggest misconception of them all! Just like any other mortgage, the borrower still owns their home and remains on title and has many options. The bank holding…