mortgage retirement - Articles

Reverse Mortgages: 3 Ways You Can Tap Home Equity to Enhance Your Retirement

By Gerri Detweiler You may have heard of reverse mortgages as a way for seniors to tap the equity in their homes to pay for living expenses, but there are other ways that homeowners are using their homes to get by. Many seniors are on fixed incomes, with Social Security payments providing a significant portion of their... Continue Reading »

What You Should Know About Reverse Mortgages

A reverse mortgage is a type of loan that enables older borrowers to convert their home equity into cash, often serving as a source of supplemental income for retired homeowners. Unlike all other mortgages, in which borrowers pay their lenders, reverse mortgages flip the money flow: They pay the borrower, either in the... Continue Reading »

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