The Internet is a great resource for finding out more about reverse mortgages, and using a calculator to see how the loan might best fit your situation is a good place to start. Why Should I Use a Reverse Mortgage Calculator? If you’re thinking about getting a reverse mortgage, a calculator can show if you’re eligible and how much you may qualify for. There are plenty of reverse mortgage...
Reverse Mortgage and Reverse Mortgages Information
Information about the reverse mortgage industry and the products available have improved significantly over the past few years. With this evolution, though, comes some additional complexity. Saver or Standard? Fixed or Adjustable? It’s important to learn about the options now available and consider what implications they may have on your particular situation. Reverse.org is a great website with...
Reverse Mortgage Disadvantages
A reverse mortgage can be an extremely beneficial retirement tool for people who are 62 and older and want to tap into a portion of the equity in their home as a way to achieve financial security. As long as you have enough equity in your home, it is not difficult to qualify for a reverse mortgage loan. However, there are several potential reverse mortgage disadvantages to consider. Through a...
Reverse Mortgage Solutions
If you’re wondering how does a reverse mortgage work, you’ve come to the right place. Reverse.org provides all the reverse mortgage information you need to make an informed decision about whether it’s the right option for you or a loved one. In order to qualify for a Home Equity Conversion Mortgage (HECM), there are certain eligibility requirements that borrowers must meet. For example...
Other Reverse Mortgage Options and Financial Options
In the current economic climate if you are an older homeowner having problems paying bills you may think your choices are limited. However there are a number of options available which can provide financial relief and peace of mind. Of course there is the reverse mortgage option which is what this site specializes in discussing and you should educate yourself on the pros and cons of a reverse...