Posts Tagged ‘ reverse mortgage pros and cons ’

PROS AND CONS OF REVERSE MORTGAGES FOR SENIORS

Feb 11th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Senior Finances

What is a Reverse Mortgage? Reverse mortgages can be rather confusing for seniors. And they are designed uniquely for seniors. Consumer Reports says this about RMs: “A Reverse Mortgage is a popular but complex home loan just for senior homeowners. If you qualify for a Reverse Mortgage, you will not have to make monthly payments [...]