Retirement, social security, aging at home, reverse mortgages - facts and actual experiences shared in this blog. My 10 years experience in mortgages, plus extensive consultations with clients and their financial, estate and health care advisors - are shared here.
Wednesday, November 7, 2012
A better option than a Home Equity Line for seniors
If you are on a fixed income and need cash out from your home - you have an option to having monthly payments and a loan that will become due in 5-10 years - it's the reverse mortgage, a government-insured loan designed for homeowners age 62+ - you do NOT have to have your home paid off to qualify. Contact me for details askflorian@gmail.com
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