Reverse Mortgage Facts #4

The proceeds from a reverse mortgage are tax-free, do NOT affect your Social Security benefits or Medicare. Some retirees use the reverse mortgage to pay for the things Medicare does not cover ( a lot more than most people realize). Some seniors are beginning to take proceeds from a reverse mortgage so they can delay taking their Social Security benefits. For an example of how this works, visit:

http://askflorian.wix.com/reverseforsecurity

To see what you can qualify for with a reverse mortgage, visit www.topflitereverse.com/florian